Families, businesses and factories across Europe are battling for survival as energy prices have soared to 10 times their average level over the past decade. Officials in Brussels are talking about rationing gas, and national governments are scrambling to find alternative supplies after Russia cut off large chunk of the country’s natural gas supplies to Europe.

What’s the root cause of the energy crisis? As ripple effect is already visible in other sectors, are we going to see a much wider crisis facing the European Union?

Host Ding Heng is joined by Yao Shujie, Chueng Kong Professor of Economics at Chongqing University; Nick Butler, Visiting Professor at King's College London; Andrew Glencross, Professor of Political Science and Deputy Director for International Affairs at the European School of Political and Social Sciences in France; Gal Luft, Co-director of the Institute for the Analysis of Global Security, a Washington-based think tank.