Russia to Keep Nord Stream Pipeline Shut, Citing Mechanical Problems

Russia indefinitely suspended pure fuel flows to Europe through a key pipeline hours after the Group of Seven agreed to an oil value cap for Russian crude—two opposing blows exchanged between Moscow and the West in an financial struggle operating parallel to the army battle in Ukraine.

Kremlin-controlled power firm Gazprom PJSC stated late Friday it might droop provides of fuel to Germany through the Nord Stream natural-gas pipeline till additional discover, elevating the stress on Europe as governments race to keep away from power shortages this winter.