Panic in Europe: Russia Stops Gas Flow on “Force Majeure” as Biden Admin Temporarily Prevents Rail Strike

The Blogging Hounds

In two major headline stories today on Monday, July 18th, there was some bad news for Germany and Europe, but some potentially good news for the U.S.

This is not a good time to be dependent on public utilities if you live in Europe, especially Germany, as Russian natural gas supplier Gazprom reportedly declared aforce majeuretoday on the Nord Stream 1 pipeline into Europe, stating that “extraordinary” circumstances outside its control would not allow them to reopen it.

Already days before the July 22 European“Doomsday”when the scheduled Russian 10-day maintenance of the crucial Nord Stream pipeline to Germany is slated to end – but which was thrown into deep doubt given Gazprom recently said it can no longer guarantee its “good functioning” due to crucial turbines being previously held up in Canada related to sanctions – the Russian energy giant hasdeclaredForce Majeureto one…

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