7/15, 4:44 PM (Source: TeleTrader)
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Pompeo: US to sanction Nord Stream 2

United States Secretary of State Mike Pompeo announced on Wednesday that the Countering America's Adversaries Through Sanctions Act (CAATSA) has been updated to include the Nord Stream 2 and the second line of Turk Stream 2 gas pipeline projects.

The move should be seen as "a clear warning to companies that aiding and abetting Russia's malign influence will not be tolerated" by the US, Pompeo said in a press conference. "Get out now or face the consequences," he underlined while addressing such firms.

Gas pipeline projects are "Kremlin's key tools to exploit and expand European dependence on Russian energy" and a means of damaging the transatlantic security, Pompeo also claimed.

Breaking the News / MS