Biden Announces Sanctions on Russia’s Nord Stream 2 Pipeline
President Joe Biden announced Wednesday that the United States will join Germany in imposing sanctions on the Russian Nord Stream 2 natural gas pipeline project in retaliation for Moscow’s military pressure against Ukraine.
“I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate officers,” Biden said in a statement. The measure, targeting one of energy-rich Russia’s biggest geo-strategic initiatives, comes after Germany announced it was halting the controversial project on Tuesday.
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