Gazprom feels the heat
New US sanctions on Russia may create problems for the country's gas export giant
Donald Trump's America was supposed to be a friend to Russia. But new US sanctions—engineered by Congress, not the White House—are revising opinions. The new measures have some bite, and may even endanger the completion of Gazprom pipelines to Europe as well as jeopardise the gas-export monopoly's alliances with other Western partners. Gazprom certainly thinks so. It made the admission in that the new sanctions could threaten construction of Nord Stream 2 and Turkish Stream in a Eurobond prospectus issued in mid-July, before Trump grudgingly signed off Congress's bill on 2 August. US lawmakers said the new sanctions are a response to Russian aggression in Ukraine and efforts to influence the
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
