The Biden administration said stopping Nord Stream 2 is a long shot now that the gas pipeline from Russia to Germany is more than 90% complete, a shift in tone that came as the U.S. held off on sanctioning the company overseeing its construction.
In a report to Congress on Wednesday, the State Department said that Nord Stream 2 AG and its chief executive Matthias Warnig are engaged in sanctionable activity under U.S. law but that the administration will waive penalties for national security reasons.
