FT News Briefing Russia shuts down Nord Stream 1 pipeline
Sep 1, 2022
Russia's sudden gas supply halt through Nord Stream 1 escalates tensions with Europe, driving up energy prices as winter approaches. The EU suspends a visa deal with Russia, reflecting security concerns from eastern member states. Meanwhile, Ukraine launches a strategic counteroffensive to reclaim Kherson, showcasing resilience amid the conflict. This involves innovative military tactics aimed at disrupting Russian supply lines, with significant implications for the war's progress and morale in the region.
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Nord Stream 1 Shutdown
- Russia's Nord Stream 1 shutdown, while framed as maintenance, is widely viewed as a tactic to pressure Europe.
- This move follows months of gas restrictions and price hikes, creating tension and uncertainty.
EU Visa Suspension
- The EU suspended a visa deal with Russia, making travel harder for Russians.
- This move punishes ordinary Russians, marking a shift in EU sanctions strategy.
Ukraine's Counteroffensive
- Ukraine launched a counteroffensive in Kherson, its first major one since the war began.
- Kherson is strategically important as the first captured city and a link between Crimea and Odessa.