Spain and Italy accused of causing UK energy crisis

Spain and Italy are causing a gas crisis in the UK by keeping gas supplies to themselves, a UK regulator has warned.

British media report that Ofgem, a UK energy regulator, has urged the European Commission to investigate alleged dysfunctions in the EU gas market which it claims has caused a gas crisis in the UK.

UK gas prices have ballooned to around €2.50 a therm (the standard unit for measuring natural gas), while prices on the continent have remained much lower, with Germany r...