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Video Period 25 minutes 00 seconds
EU vitality ministers fail but once more to agree on a worth cap on Russian gasoline to punish Moscow.
A fifth emergency assembly of European Union vitality ministers has led to a impasse, with members divided on a worth cap for Russian gasoline.
The bloc needs to punish Moscow by paying much less for its gasoline, whereas defending shoppers from costs which have soared for the reason that Ukraine conflict started.
The cut up is between these wanting powerful measures and people fearing that too low a cap may have an effect on provides.
That would occur if producers promote to different markets as a substitute of the EU as greater charges are on supply elsewhere.
The ministers are hoping to succeed in a compromise at one other spherical of talks subsequent week.
However can the deep divisions inside the EU be overcome?
Presenter: Adrian Finighan
Company:
Cornelia Meyer – CEO of Meyer Assets
Chris Weafer – CEO at Macro-Advisory, a strategic consultancy
Wojciech Przybylski – Editor-in-chief at Visegrad Perception
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