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After Nord Stream Hit, Russia Ratchets Up Threat on Europe’s Gas

From bnnbloomberg.ca

Russia’s energy conflict with Europe escalated dramatically as three pipelines were wrecked in suspected sabotage and Gazprom PJSC warned that the last remaining route to western Europe is at risk. As the damaged pipelines left massive bubbling gas leaks in the Baltic Sea and Swedish seismologists reported two explosions, German and US officials said the incident looked like sabotage. Denmark and Norway moved to step up security around their energy assets and Germany said “critical infrastructure” had become a target. While the pipelines were already out of action, the hit raises the stakes in the fight between ... (full story)

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  • Category: Fundamental Analysis