Ten Things You Need to Know Today: 3 September 2022

The Week’s daily digest of the news agenda, published at 8am

1. Gazprom shuts down pipeline indefinitely

Russia’s crucial gas pipeline to Germany will not reopen as planned today, state energy firm Gazprom has said. The company claimed it had discovered an oil leak in a turbine on the Nord Stream 1 pipeline, meaning it would be closed indefinitely. The move came hours after G7 countries agreed to impose a price cap on Russian oil in a bid to stem the flow of funds to Moscow. The development raises fears that Europe, and Germany in particular, will be forced to significantly curtail power usage for households and businesses this year.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us