BERLIN—The Canadian government says it will allow the delivery to Germany of equipment from a key Russia–Europe natural gas pipeline that has undergone maintenance—equipment the absence of which Russia’s Gazprom cited last month as a reason for more than halving the flow of gas. The return of turbines from the Nord Stream 1 pipeline sent…
Oil Could Reach $300 a Barrel, Warns Moscow in Light of New Sanctions
March 8, 2022
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Business & EconomyEuropeMarketsNew Sanctions on RussiaNord Stream 1Oil priceRussia-Ukraine WarRussian Oil TradeUSUS NewsWorld
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Crude oil prices could reach more than $300 per barrel if the West goes ahead with its plan to sanction Russian energy supplies, Moscow warned in a statement on state television. “It is absolutely clear that a rejection of Russian oil would lead to catastrophic consequences for the global market,” Russian Deputy Prime Minister Alexander…
Russian Deputy PM Threatens to Cut Gas to Europe via Nord Stream 1
Russian Deputy Prime Minister Alexander Novak warned on Monday that the country could potentially cut gas supplies via the Nord Stream 1 pipeline to Germany. “In connection with unfounded accusations against Russia regarding the energy crisis in Europe and the imposition of a ban on Nord Stream 2, we have every right to take a…
US Disagrees With Germany on Nord Stream 2 Pipeline, Seeing It as ‘Threat to Europe’s Energy Security’
U.S. Secretary of State Antony Blinken said on Wednesday that Washington disagrees with Germany on the Nord Stream 2 gas pipeline, calling it a threat to Europe’s energy security, adding that both countries had agreed to ensure that Russia cannot use energy as a coercive tool against Ukraine or other states. Blinken met in Berlin…
US Disagrees With Germany on Nord Stream 2 Pipeline, Sees It as ‘Threat to Europe’s Energy Security’
U.S. Secretary of State Antony Blinken said that Washington disagrees with Germany on the Nord Stream 2 gas pipeline, calling it a threat to Europe’s energy security, while adding that both countries agreed to ensure that Russia cannot use energy as a coercive tool against Ukraine or other states. Blinken met with his German counterpart…
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