Damaged Nord Stream 1 Pipeline Operator Says Initial Data Suggest Craters At Pipeline Location - SPDR S&P 500 (ARCA:SPY)

Nord Stream AG has completed initial data gathering at the location of the pipeline damage on Line 1 in the Swedish exclusive economic zone.
The Russian state-owned Gazprom majorly owns the pipeline.
According to preliminary results of the damage site inspection, 'technogenic craters' with a depth of 3 to 5 meters were found on the seabed at a distance of about 248 meters from each other.
The section of the pipe between the craters is destroyed, and the radius of pipe fragments dispersion is at least 250 meters.
Experts continue to analyze the survey data.
The Nord Stream twin pipeline system through the Baltic Sea runs from Russia to Germany.
Nord Stream 1 and Nord Stream 2 were damaged in September, and the infrastructure has been a focal point in a row between the West and Moscow.
Russia's defense ministry said British navy personnel blew up the Nord Stream gas pipelines, while London rebuffed the claims.
Sweden and Denmark have concluded that explosions caused four leaks on Nord Streams 1 and 2 but have not said who might be responsible.
NATO Secretary-General Jens Stoltenberg has called the damage an act of sabotage.