European Union energy ministers have failed to strike a final deal on a bloc-wide cap on natural gas prices. The European Commission proposed a price cap last month as the latest EU response to the economic upheaval caused by Russia cutting natural gas deliveries to Europe this year. But with countries deeply divided over the details of the proposed cap, a meeting on December 13 in Brussels did not yield a final decision, leaving EU energy ministers to try again at another meeting on December 19. To read the original story by Reuters, click here.
EU Fails To Clinch Deal On Price Cap For Natural Gas
The European Commission proposed a price cap last month as the latest EU response to the economic upheaval caused by Russia cutting natural gas deliveries to Europe this year.