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Home NEWS

European Energy Ministers Set to Clash Over Proposed Gas-Price Cap

by Riaz
December 12, 2022
in NEWS, Top News, UAE
Reading Time: 2 mins read
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European Energy Ministers Set to Clash Over Proposed Gas-Price Cap
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https://www.wsj.com/articles/european-energy-ministers-set-to-clash-over-proposed-gas-price-cap-11669277399

Officials fail to agree on latest proposal to limit natural-gas prices, with debate to resume next month

Updated Nov. 24, 2022 1:09 pm ET

BRUSSELS—European Union energy ministers failed to reach an agreement Thursday on a plan to put an emergency cap on the price of natural gas, saying they would resume their debate next month.

EU diplomats are also struggling to agree on a separate, international plan to cap prices paid for Russian oil around the world. 

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