their latest toy. the international energy agency has called on russia to send more gas to europe to help alleviate the energy crisis. the iea says russia is supplying less gas than before the pandemic, while still fullfilling its contractual obligations. traders and foreign officials have long accused rusia of restricting supplies. europe s benchmark power price has doubled this year to 100 euros per megawatt hour, for the first time ever. think tank bruegel is predicting on an annual basis, this means europeans would pay 150 billion euros more for their electricity. dan eager is principal analyst, european power at wood mackenzie. first of all, give us your take on the iea calling on russia to mmp on the iea calling on russia to ramp up its gas supplies to europe, your thoughts on that? yes, yes, thank you. that is certainly one of the issues at play. there are a few others in the mix and many of these coincidental factors that come together to give us a supply crunch in eu
This is bbc news with the latest business headlines for viewers in the uk and around the world. russia is supplying less gas to europe than before the coronavirus pandemic the international energy agency calls on russia boost supplies for winter. where is the special relationship? the uk holds out for a stand alone trade deal with the us but forjoe biden, it s not a priority. a travel sector revolution the boss of airbnb tells us how the pandemic has caused a seismic shift in the industry. and, bring out your wallets we head to the monaco yacht show where the super rich are gathered to find