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Russia Halts Nord Stream Gas Pipeline, Ratcheting Up Pressure on Europe

Updated Aug. 31, 2022 5:28 am ET

BERLIN—Russia shut down its principal artery for pure gasoline to Europe for upkeep on Wednesday, in what Western governments see as the newest salvo within the Kremlin’s financial warfare on the continent.

The halt comes as European nations race to fill gas storage facilities to stop a scarcity within the midst of winter. Shortages would set off rationing, doubtless kneecapping business and tipping the continent’s already struggling economic system right into a recession.

Related Topics:C&E Industry News Filter Content Types corporate Corporate/Industrial News crude oil Crude Oil/Natural Gas Upstream Operations Economic News Electric Power Generation Electric Utilities electricity Electricity/Gas Utilities Energy Europe external payments Factiva Filters Fossil Fuel Power Generation Fossil Fuels gas gas utilities Gazprom PJSC general news government policy Halts industrial news integrated oil Integrated Oil/Gas International Relations International Sanctions natural gas Natural Gas Extraction natural gas midstream operations natural gas upstream operations Natural Gas/Oil Extraction Nord Nord Stream Oil oil extraction Oil/Natural Gas Midstream Operations Pipeline Pipeline Transportation political Political/General News Politics Politics/International Relations pressure Ratcheting regulation Regulation/Government Policy restrictions Russia Stream SYND trade trade barriers Trade Barriers/Restrictions Trade/External Payments Ukraine Utilities World news WSJ-PRO-WSJ.com

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