Germany says escalating tensions over Ukraine are one factor in Nord Stream 2 not getting green light
• Gazprom profits as Russia prospers from Europe’s gas crisis
Gas prices across the UK and Europe are on course to return to record highs after Germany said a controversial pipeline from Russia could not be approved amid deepening tensions on the Ukrainian border.
The German foreign minister, Annalena Baerbock, said the Nord Stream 2 pipeline could not be given the green light in its current form because it did not meet the requirements of EU energy law.
