Massive damage to the Nord Stream pipeline system has sparked a surge in natural gas prices — here’s why they could keep soaring

‘We can’t rule out sabotage’: Massive damage to the Nord Stream pipeline system has sparked a surge in natural gas prices — here’s why they could keep soaring

Energy prices have soared in 2022. And what happened in Europe earlier this week could add fuel to the fire.

On Monday, Denmark and Sweden reported that there were gas leaks in the Nord Stream 1 and 2 pipelines. The Nord Stream pipeline system is used to transport Russian natural gas to Europe.

Swedish seismologists said two underwater…

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