EU sees sabotage of Nord Stream, warns against attacks on 'active infrastructure'

European Commission chief Ursula von der Leyen on Tuesday said the leaks of the Nord Stream pipelines were caused by sabotage, and warned of the "strongest possible response" should active European energy infrastructure be attacked.

Key quotes

Spoke to (Danish Prime Minister Mette) Frederiksen on the sabotage action Nordstream.

It was paramount now to investigate the incidents to get full clarity on the ‘events and why.’

Any deliberate disruption of active European energy infrastructure is unacceptable and will lead to the strongest possible response.

Market reaction

The news intensifies fears of more EU-Russia tussle ahead and hence exerts downside pressure on the EUR/USD prices, holding lower ground near the 20-year low.

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