At Least 10 EU Members Oppose A Price Cap On Russian Gas

At least 10 EU member states, including Italy, Greece, and Poland, are opposed to the bloc slapping a price cap on Russian gas over concerns that Putin might retaliate with a complete halt of gas supply to the whole of Europe, officials told the Financial Times on Friday as EU energy ministers prepare for today’s emergency meeting to discuss measures to ease the burden of the energy crisis on consumers. Earlier this week, the European Commission said it would propose a mandatory target for the EU to cut power consumption at peak hours, a…