EU Considers Temporary Cap on Natural Gas Prices ...Middle East

European Union officials are considering the potential introduction of a cap on natural gas prices as part of discussions on a clean industrial deal policy to boost Europe’s industry. Europe is losing competitiveness due to the European gas prices which are up to four times higher than those in the United States. A cap on prices is being discussed at the European Commission ahead of next month’s release of the so-called Clean Industrial Deal or the related Action Plan on Affordable Energy Prices, sources familiar with the talks have…

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