BRUSSELS—European energy ministers again failed to reach an agreement Tuesday on the details of an emergency cap on natural-gas prices that has divided the continent in its response to Russia’s squeeze on energy supplies.
The proposal would set a limit on month-ahead prices on the European Union’s main trading hub and was put forward last month by the bloc’s executive body, the European Commission. It was widely criticized by EU countries on both sides of the debate, with some warning of unintended consequences and others saying the proposed cap was too high to be effective.
