Ursula Von Der Leyen Is Weighing A Gas Price Cap In Europe

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The war involving Iran has sent shockwaves through global energy markets, pushing oil toward $100 a barrel and reviving fears of supply disruptions in the Strait of Hormuz. As governments scramble to protect households from rising electricity and fuel costs, G7 leaders are weighing a historic release of emergency oil reserves while Europe explores caps on gas prices and tax cuts to ease the pressure

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Source by Impact Newswire