Russia & Former Soviet Union

EU gas price cap ‘unacceptable’ – Kremlin

The measure disrupts the process of price discovery, Dmitry Peskov has said

Any attempts to set a gas price cap are “unacceptable,” Kremlin spokesman Dmitry Peskov told journalists on Monday, adding that Russia would provide an appropriate response to such a move. His words came as the EU energy ministers agreed on a gas price ceiling mechanism, according to Reuters.

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