US Secretary of State Mike Pompeo has warned investors to ditch two major Russian gas pipeline projects, Nord Stream 2 and TurkStream, or face Washington’s sanctions.
Speaking at a news conference on Wednesday, Pompeo said that the State Department is set to update “CAATSA [Countering America’s Adversaries Through Sanctions Act] to include the Nord Stream 2 and the second line of Turkstream 2” pipelines. The move is set to put any investments in those projects at risk of sanctions.
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