US blames pro-Ukraine group for Nord Stream explosions


Briefly: Senior intelligence officials in the US and EU suspect a group of pro-Ukraine partisans is behind the blasts that damaged the Nord Stream pipelines last year. US officials say they don’t believe the Ukrainian government was behind the attacks. 

Some context: Late last September a series of blasts targeted the Nord Stream 1 and 2 pipelines, causing significant gas leaks in the Baltic Sea. The pipelines were built to transport natural gas from Russia to Europe. 

The blasts were clearly acts of sabotage, but mystery shrouded the ‘who’ and the ‘why’. The main suspects and their motives were:

  • Kyiv: to reduce Europe’s reliance on Russian gas, enabling Europe to back Kyiv 100% against Moscow
  • The US/UK: as above, plus leaving the EU gas market open for US exports
  • Moscow: adept at underwater skulduggery, but it was never clear why Russia would destroy its own revenue and leverage over Europe

Intrigue’s take: This controlled leak from US intelligence suggests Russia didn’t do it. So suspicion now shifts to the other suspects. And that’s huge. The slightest whiff of Ukrainian involvement risks angering Europe, particularly Germany, where millions of industrial jobs were long reliant on cheap Russian energy.  

So pinning the blame on a mystery ‘pro-Ukrainian group’ (but not Ukraine!) is a rather neat solution, reducing the risk of EU solidarity splintering. It’s just hard to see how a ‘group’ (rather than government) would have the capability to pull off such a complex operation.

The Cluedo continues.

Also worth noting: 

Latest Author Articles
The geopolitics of Warren Buffett

Thousands made the annual pilgrimage to the Berkshire Hathaway AGM on Saturday to hear the latest wisdom from the Oracle of Omaha himself, Warren Buffett. But they got something else: a live announcement that the 94-year-old is retiring. He’s long shrugged off geopolitics, focusing instead on his value investment philosophy (“buy wonderful businesses at fair prices”) […]

5 May, 2025
China’s big flag in the sand

China’s state broadcaster reported (🇨🇳) over the weekend that the nation’s coast guard “implemented maritime control” over Sandy Cay in the Spratly Islands, replete with an image of four servicemen unfurling China’s flag in the sand (see below). Sandy Cay itself is tiny — barely half a basketball court, depending on the tide. So why do this? And […]

28 April, 2025
The pope’s geopolitical legacy

For centuries, popes hardly ventured beyond Rome, with the occasional epic exception like Pius VII, who only left town because Napoleon abducted him! But the jet era — and a 1929 treaty establishing Vatican statehood — changed all that. Enter Pope Francis. With a 2013 arrival full of pope-firsts (the first Jesuit, the first from […]

22 April, 2025
A moron premium in the US?

We’ve been writing about bonds before they were the flavour of the week. And events now dictate that we revisit bonds again. Who are we to argue with events, dear Intriguer? Typically if US stocks tank, spooked investors will shift their cash over into bonds — the ultimate safe-haven. Why? When you buy bonds (loan the US government money), […]

14 April, 2025