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Germany Suspects Sabotage Hit Russia’s Nord Stream Pipelines

  • Denmark steps up security after unprecedented damage to links
  • Benchmark European gas prices rise as much as 12% on Tuesday
Bloomberg business news
WATCH: Nord Stream reported “unprecedented” damage to its key pipeline to Germany. Vanessa Dezem reports.Source: Bloomberg
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Germany suspects the Nord Stream gas pipeline system was damaged by an act of sabotage, in what would amount to a major escalation in the standoff between Russia and Europe.

According to a German security official, the evidence points to a violent act rather than a technical issue. Swedish seismologists detected two explosions in the area on Monday, when leaks appeared almost simultaneously in the Baltic Sea.