Baker Hughes Co and AXA Group and 16 other international companies have withdrawn from the Nord Stream 2 gas pipeline to avoid US sanctions

Baker Hughes Co and AXA Group and 16 other international companies have withdrawn from the Nord Stream 2 gas pipeline to avoid US sanctions, Reuters reported. Washington has sanctioned the Fortuna’s owner and other Russian companies. Yet Russian companies are expected to try to complete the $11 billion Russia-Germany project despite US opposition. Texas Senator Ted Cruz is leading a Republican effort to pressure President Biden to widen sanctions against the project, Bloomberg reported from Washington.