European Gas Prices Jump After Gazprom Threatens Ukraine Transit, Damage to Nord Stream Pipelines

European Gas Prices Jump After Gazprom Threatens Ukraine Transit, Damage to Nord Stream Pipelines
Pipes at the landfall facilities of the Nord Stream 1 gas pipeline in Lubmin, Germany, on Mar. 8, 2022. Hannibal Hanschke/Reuters
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Natural gas prices jumped in Europe on Tuesday following ruptures to the Nord Stream 1 and 2 gas pipelines under the Baltic Sea and Russia’s warning that it may impose sanctions on the Ukrainian company Naftogaz.

Officials from both the West and Russia are investigating the ruptures to the crucial pipelines that occurred on Sept. 26, and have not ruled out sabotage.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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