(Stefan Sauer/dpa via AP, file) State-owned Russian energy giant Gazprom announced Friday that it would not be re-opening its Nord Stream 1 natural gas pipeline on Saturday as planned, causing worries that Europe’s energy crisis will worsen and possibly send the continent into a recession. Russia claimed the move was because it found leaks in the pipes during inspections—an assertion that was dubious at best, given that earlier in the day, the Group of 7 countries announced a price cap on Russian oil to reduce Moscow’s energy revenue. It’s pretty obvious this was a tit-for-tat provocation. Many of us […]
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