The European Commission proposes a cap on the price of Russian gas

The European Commission proposes a cap on the price of Russian gas

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Vladimir Putin for his part warned that deliveries of oil and gas would be cut off in the event of a ceiling.

The President of the European Commission, Ursula von der Leyen, on Wednesday proposed to member states a cap on the price of Russian gas delivered to the EU, in order to “reduce Russia’s income“.

We need to cut the revenue from Russia that (Russian President Vladimir) Putin is using to fund this atrocious war on Ukraine“, she said. “At the start of the war, Russian gas by pipeline accounted for 40% of all imported gas. Today, it represents only 9%“said the manager.

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