Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Head of the Russian delegation to the talks in Turkey: The Russian-Ukrainian talks yielded good results.
Al Mayadeen's correspondent in occupied Palestine: Martyrs and wounded after an IOF aircraft bombed a house in Tal al-Zaatar, north of the Gaza Strip.
Libya: The Libyan Ministry of Health declares a state of maximum emergency in all hospitals to support medical staff working in Tripoli and its suburbs.
Libya: Demonstrations in several Libyan cities demand the overthrow of the Dbeibah government.
Italian Foreign Ministry: We are following developments in Libya with concern and reiterate our call for all parties to return to calm and dialogue.
Libya: Demonstration in Bani Walid calls for the overthrow of the Dbeibah government and holding it accountable.
Libya: Sabratha Municipal Council supports the overthrow of the Dbeibah government and calls on it to leave.
Al Mayadeen's correspondent in occupied Palestine: The IOF is carrying out massive bombing operations in the northern Gaza Strip.
Tunisian Foreign Ministry: We renew our call for an immediate end to the escalation in all parts of Libya.
Tunisian Ministry of Foreign Affairs: We express our deep concern over the dangerous security developments in the Libyan capital.

EU considering allowing member states to regulate gas prices: reports

  • By Al Mayadeen English
  • Source: Agencies
  • 14 May 2022 20:26
3 Min Read

The European Commission could soon allow its member states to independently regulate their own gas prices as the sanctions on Russia exacerbated the energy crisis.

  • x
  • European Commission Chief Ursula von der Leyen
    European Commission Chief Ursula von der Leyen

The European Commission is considering allowing the governments of EU member states to regulate gas prices on domestic markets, an EU document seen by German newspaper Welt am Sonntag said Saturday.

"In these exceptional circumstances, the governments of EU member states should be allowed to regulate consumer prices during the transitional period," the news outlet quoted the document as saying.

The European Commission is intending to mitigate a rapid increase in gas prices through this measure, which had been exacerbated by the Western policies toward Russia.

The cost of gas on the European market has been showing strong volatility since late February in light of the war in Ukraine.

Related News

Trump administration planning to send 1 million Palestinians to Libya

'Israel' concerned, says US withholding info about indirect Iran talks

Gas prices soared in early March following reports on a possible ban on the purchase of Russian energy resources in Europe, reaching historical highs.

In late April, however, things took to a worse turn, with the World Bank saying it was expecting a twofold increase in gas prices, while coal prices are expected to increase by 80% in Europe in 2022.

The crisis in question is due to Russia launching a special military operation for several reasons, including NATO's eastward expansion. Other reasons were the Ukrainian shelling of Donbass and the killing of the people of the Donetsk People's Republic and Lugansk People's Republic, in addition to Moscow wanting to "denazify" and demilitarize Ukraine.

The EU has declared preparations to join the United States and the United Kingdom in imposing an embargo on Russian energy products. However, unlike the United States and the United Kingdom, the European Union buys the majority of its energy supplies from Russia, and experts have warned that cutting off the supply may have disastrous consequences.

Germany, in particular, is bracing for the collapse of entire businesses, while the CEO of Austrian energy giant OMV has said that his country's decision to stop buying Russian gas would be "impossible."

The US and its allies, following the start of the war in Ukraine, rolled out comprehensive sanctions, including restrictions on the Russian central bank, export control measures, SWIFT cutoff for select banks, and closure of airspace to all Russian flights. Many of their companies have suspended their Russian operations.

  • United States
  • Moscow
  • Sergey Lavrov
  • Europe
  • International Monetary Fund
  • Russia
  • IMF
  • Germany
  • Sanctions on Russia
  • Ukraine
  • European Commission
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Palestinians pray over bodies of people killed in the Israeli bombardment who were brought from the Shifa hospital before burying them in a mass grave in the town of Khan Younis, southern Gaza Strip, Wednesday, Nov. 22, 2023. (AP )

Gaza casualty figures mask a much bigger horror, new study shows

  • Politics
  • 11 May 2025
Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Israeli media: Yemen may push 'Israel' towards ceasefire in Gaza
MENA

Israeli media: Yemen may push 'Israel' towards ceasefire in Gaza

Palestinians struggle to get donated food at a community kitchen in Khan Younis, Gaza Strip, Friday, May 16, 2025 (AP)
Politics

Trump administration planning to send 1 million Palestinians to Libya

President Donald Trump greets Israeli Prime Minister Benjamin Netanyahu at the White House, Monday, April 7, 2025, in Washington. (AP)
Politics

'Israel' concerned, says US withholding info about indirect Iran talks

Israeli Prime Minister Benjamin Netanyahu during the annual ceremony at the Yad LaBanim Memorial in occupied al-Quds on Tuesday, April 29, 2025 (AP)
Politics

Netanyahu cancels Vatican visit over fears of ICC arrest

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS