EU to propose price cap on Russian gas

Japan Today | Sep 7, 2022 at 10:15 PM
  • Power and fuel prices have soared as Russia has cut the amount of gas it sends to Europe.
  • Some EU countries – which would need to approve the EU proposals – are wary of a cap on Russian gas prices if it puts at risk the dwindling supply they still receive from Moscow.
  • Von der Leyen outlined the EU’s emergency plans to lower soaring gas and power prices.