As the damaged Nord Stream pipelines caused massive bubbling gas leaks in the Baltic Sea, German and US officials said the incident looked like sabotage. Denmark and Norway have now stepped up security around their energy assets.
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Russian Sanctions
The Russian economy has been impacted by a raft of global sanctions as world leaders try to pressure Vladimir Putin to end the war in Ukraine.
Global Inflation Concerns
Inflation across the developed world is surging, with the rising cost of living expenses at the highest level since the 1980s.