Spain and Germany are set to go head-to-head over energy prices on the final day of a two-day EU summit in Brussels, where leaders are meeting to discuss the conflict in Ukraine.

Pedro Sanchez, Spain’s Prime Minister, is leading the charge for EU intervention into energy prices, arguing that rising gas prices are in turn causing electricity prices to soar.

However, Germany and the Netherlands are arguing against intervention – stating that when prices are high, there is no silver bullet other than reducing demand or supply.

Tensions are running high amid the leaders, and diplomats say Sanchez is threatening to veto the summit conclusions if EU leaders don’t sway towards intervention.