Get all your news in one place.
100's of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

EU Seeks Energy Price-busting Strategy amid Ukraine Crisis

European Union flags fly from lamp posts opposite the Houses of Parliament in London, Britain, January 16, 2018. Reuters

European states are urgently seeking policies to stem the energy inflation tide amid conflict in Ukraine which has sparked price hikes -- notably of oil, which has soared past $100 a barrel.

As companies and consumers alike labor under the strain with food and energy prices soaring to multi-decade highs, governments are pondering what means they have at their disposal to react and lessen the pain, AFP said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.