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After Nord Stream Hit, Russia Ratchets Up Threat on Europe’s Gas

  • Three Nord Stream pipelines are leaking after blasts reported
  • Gas prices lurch higher on risk of Moscow turning off all gas
One of the gas leaks off the coast of the island of Bornholm, Denmark, on Tuesday.

One of the gas leaks off the coast of the island of Bornholm, Denmark, on Tuesday.

Source: Armed Forces of Denmark/AP

Updated on

Russia’s energy conflict with Europe escalated dramatically as three pipelines were wrecked in suspected sabotage and Gazprom PJSC warned that the last remaining route to western Europe is at risk.

As the damaged pipelines left massive bubbling gas leaks in the Baltic Sea and Swedish seismologists reported two explosions, German and US officials said the incident looked like sabotage. Denmark and Norway moved to step up security around their energy assets and Germany said “critical infrastructure” had become a target.