EU delays decision on natural gas price cap, countries still at odds ...Middle East

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EU delays decision on natural gas price cap, countries still at odds
source : Devdiscourse ( Middle East ) () 31
European Union energy ministers meeting in Brussels on Tuesday failed to strike a final deal on a bloc-wide cap on natural gas prices, after months of debate between countries over whether the measure can ease Europe's energy crisis. Responding to repeated requests from some countries, the European Commission proposed a gas price cap last month as the latest EU response to the economic upheaval caused by Russia cutting natural gas deliveries to Europe this year, leading to energy price spikes.

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