Price Cap

EU energy ministers agreed on price cap of 180 euros per megawatt-hour for natural gas in a meeting in Brussels, the capital of Belgium. After the meeting, EU Commisioner for Energy Kadri Simson and Czech Industry and Trade Minister Jozef…

The European Union (EU) and G-7 countries imposed price restrictionson Russian oil. A price cap application was started for Russian oil transported by sea. In this context, a ceiling price of 60 dollars per barrel was applied to Russian…