Russia’s state-controlled energy giant has reduced the flow of gas through its main pipeline to Europe. Gazprom said Monday it would slash gas deliveries through the Nord Stream 1 pipeline to just 20% of normal operating capacity. That prompted the European Union to agree to a deal that grants Brussels the power to compel EU members to slash gas consumption by up to 15%. On Monday, Ukrainian President Volodymyr Zelensky accused Russia of committing “gas blackmail” against Europe.
EU Prepares for Rationing as Russia Further Restricts Gas Exports
HeadlineJul 26, 2022