OMVJF - Biden considering new sanctions to block Nord Stream 2 pipeline - Bloomberg

The Biden administration is weighing additional sanctions to block construction of the nearly completed Nord Stream 2 pipeline from Russia to Germany, potentially including the project's parent company Nord Stream 2, Bloomberg reports.The sanctions reportedly would come in an interim report that also may specify an insurance company that has been working with the vessels laying the pipeline in the Baltic Sea as well as other companies providing support vessels and materials to the project.Both Democrat and Republican lawmakers have been pushing President Biden to take stronger action to stop Nord Stream 2 after a report last month only named one vessel as subject to sanctions.Secretary of State Blinken warned today that "any entity involved in the Nord Stream 2 pipeline risks U.S. sanctions and should immediately abandon work on the pipeline," and that the Biden administration would comply with earlier legislation regarding the pipeline and sanctions.Nord Stream 2 is

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Biden considering new sanctions to block Nord Stream 2 pipeline - Bloomberg