US slaps sanctions on companies tied to Nord Stream 2 in bid to squeeze Russia

The U.S. on Wednesday issued fresh sanctions against several Russian-linked entities and individuals involved in the building of Nord Stream 2, the massive undersea gas pipeline linking Russia to Germany.

The State Department said it has re-imposed financial penalties against entities and individuals involved in the construction of Nord Stream 2, including project operator, Nord Stream 2 AG, and a Russian-based insurer that worked with companies involved in the pipeline's construction. 

Others included in the sanctions were a Russian-owned maritime rescue service, a Russian-based water transport logistics company, and more than a dozen vessel owners that were either formerly under sanctions designations or were being sanctioned for the first time.

State Department deputy spokesperson Vedant Patel Read Entire Article