Norway Ends Strike That Threatened Gas Supplies To Britain Norway
The labor dispute had shut down oil and gas fields and was expected to cut Norway’s natural gas supplies by nearly 60 percent by the weekend. Gasco, Oslo’s state-owned pipeline operator, had warned that “in a worst-case scenario, deliveries to the UK could stop completely”. The workers demanded a pay rise to counter rising inflation, fueled in part by rising oil and gas prices since Russia’s invasion of Ukraine. However, the Norwegian government has the power to intervene to end industrial disputes....