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Oilprice — Russia Warns The U.S. Not To Interfere With Nord Stream 2

Summary:
Politics getting in the way of economics. Russia holds the cards.The continent is bracing itself for a difficult winter amid supply shortages and soaring prices. Industry leaders have warned of potential blackouts while skyrocketing wholesale costs are already being felt in the UK market – with over 20 firms ceasing trading since September….OilpriceRussia Warns The U.S. Not To Interfere With Nord Stream 2City A.Mhttps://oilprice.com/Latest-Energy-News/World-News/Russia-Warns-The-US-Not-To-Interfere-With-Nord-Stream-2.htmlSee alsoThe energy crunch was the most significant factor behind the rise in the cost of living in Germany. Destatis estimated that energy prices were up more than 22% in November, compared to the same month last year....Sputnik InternationalGerman Inflation Rate Soars to

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Politics getting in the way of economics. Russia holds the cards.
The continent is bracing itself for a difficult winter amid supply shortages and soaring prices. Industry leaders have warned of potential blackouts while skyrocketing wholesale costs are already being felt in the UK market – with over 20 firms ceasing trading since September….
Oilprice
Russia Warns The U.S. Not To Interfere With Nord Stream 2
City A.M
https://oilprice.com/Latest-Energy-News/World-News/Russia-Warns-The-US-Not-To-Interfere-With-Nord-Stream-2.html

See also
The energy crunch was the most significant factor behind the rise in the cost of living in Germany. Destatis estimated that energy prices were up more than 22% in November, compared to the same month last year....
Sputnik International
https://sputniknews.com/20211129/german-inflation-rate-soars-to-29-year-high-of-52--statistics-1091115411.html

Also

TASS
China ready to promote development of energy cooperation with Russia — Xi Jinping
https://tass.com/economy/1367919

Putin praises significant development of energy cooperation between Russia and China

https://tass.com/politics/1367855https://tass.com/politics/1367855

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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