As expected, on Thursday 19 March European leaders tasked the European Commission with presenting a ‘toolbox’ of “targeted and temporary” measures to address the recent spikes in energy prices directly linked to the intensifying conflict in the Middle East (see other news).
“As long as the conflict continues, energy prices will continue to fluctuate. Even today, the price of gas has risen by 30% following an attack on Qatar’s gas infrastructure”, pointed out the President of...