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Italy Says Proposal to Cap Gas Prices Is Gaining Support in EU
An Italian proposal to cap natural gas prices in Europe is gaining traction across the region as countries increasingly see it as the “only solution” to soaring costs, Energy Minister Roberto Cingolani said Tuesday. Italy has recommended that European Union member states put a limit on the price of gas imports from Russia to help curb inflation in the bloc, but nations including Germany have shown skepticism. “Gas prices are rising not for a physical reason,” Cingolani said at a conference in Rome. “The price is rising just because someone somewhere from a keyboard has decided so.” Yet an actual reduction ... (full story)