Leaked EU Memo Details Emergency Gas Supply Shock Measures

The European Union is gearing up to release emergency measures for a full-scale gas supply shock on Wednesday, with a leaked memo calling for a range of potential actions, from a controversial cap on gas prices to the creation of a new buyers’ “cartel”.  “A different set of measures may become worth considering in the event of a sudden large scale or even full disruption of the supplies of Russian gas leading to unbearably high gas prices and inadequate supply of gas,” the European Commission said in the leaked…