The US-led military bloc has decried “coercive use of energy” after the Russian-German pipeline was damaged Damage caused to gas pipelines linking Russia directly to Germany was most likely caused by “deliberate, reckless, and irresponsible acts of sabotage,” NATO said on Thursday.

The US state of California’s power grid operator has declared an energy emergency, warning that it may institute rolling blackouts to curb a surge in demand, which has hit all-time record highs as residents crank up the AC to escape an unprecedented heat wave.

The central bank had previously hiked rates at five successive meetings over a six-month period Russia’s central bank left its key interest rate unaltered at 16% at its scheduled meeting on Friday, saying that tight monetary policy will be necessary to return stubborn inflation back to target levels.