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EU leaders set for summit squabble over energy crunch solutions
European Union leaders went into their second summit in two weeks on Thursday to find solutions to the energy crunch they all face, but a rift over whether to put a ceiling on gas prices set the stage for a long night of testy talks.
Related Knowledge Center: Energy security and pricing
State of Play
The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.