London: On Sept 5, the Kremlin blamed the West for triggering the worst European gas supply crisis ever and warned the G7 that Moscow would retaliate over its plan to impose a price cap on Russian oil. Russian gas giant Gazprom (GAZP.MM) on Friday said the Nord Stream 1 pipeline, Europe’s major supply route, would remain shut as a turbine at a compressor station had an engine oil leak, sending wholesale gas prices soaring.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

UN rights chief expresses ‘horror’ at Israeli strike on Rafah camp

The UN human rights chief voiced “horror” at an Israeli air strike…

Trump rules out second US presidential debate with Harris

Donald Trump ruled out a second US presidential debate with rival Kamala…

Vietnam says it will start trade talks with United States

Vietnam and the United States agreed to start negotiations on a reciprocal…