The euro fell to a two-decade low in early trading Monday morning after the Russian energy giant
Fears of skyrocketing energy prices and potential shortages pushed the euro further below parity against the US dollar, causing the single currency to fall to $0.9879 against the US dollar for the first time in two decades.
Nord Stream 1 was due to restart Saturday morning, after a three-day shutdown for maintenance.
But Gazprom crushed hopes of a resumption the previous day, blaming a leak.
Analysts predict gas prices will rise after falling from recent highs last week, The Guardian reported.
European stock markets are heading for significant losses at the opening, with the German DAX trading 2-3 percent lower on the futures market, The Guardian reported.
ALSO SEE :
Top 10 Most Subscribed YouTube Channels in India
Indian space technology startup Skyroot Aerospace raises $51 million in GIC-led funding round