EU fears new winter gas price crisis – FT ...News

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EU fears new winter gas price crisis – FT
Worries are mounting that the Israel-Palestine conflict and the suspected sabotage of a Baltic pipeline could drive gas prices higher The EU could prolong the emergency gas price cap introduced last winter to avoid a new price spike, the Financial Times reported on Sunday, citing diplomats. According to the report, despite the recent decline in energy prices and high gas storage levels, Brussels is concerned that gas supply could still be at risk during the heating season due to the Israel-Palestine conflict. “We don’t know what will happen this year. We have the situation in Israel and we don’t know how that wil

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