EU Fails To Agree On Gas Price Caps

Plans to introduce price caps on natural gas prices have hit a dead-end after EU energy ministers on Thursday failed to reach an agreement amid deep divisions.  Czech Industry Minister Jozef Sikela has, however, said that the ministers did manage to agree on other "important measures", including joint gas purchases, supply solidarity in times of need and expediting the authorization process for renewable energy. Sikela has also revealed that the ministers will meet again In December to try and work out their differences. Earlier this week,…