The U.S. and Germany are close to a deal on the Nord Stream 2 pipeline that would threaten sanctions and other retaliation if Russia tries to use energy as a weapon against Ukraine, according to a draft text obtained by Bloomberg News.
Under the agreement, Germany would take unspecified national action if Russia commits such actions, a decision that may mark a concession from Chancellor Angela Merkel, who had previously balked at making independent moves against the Kremlin over the gas pipeline that will run from Russia to Germany.
