"If there was a technical problem which was impeding supplies via Nord Stream 1, there would be a possibility, if there was willingness, to deliver gas to Europe through other pipelines," a European Commission spokesperson said on Monday, as reported by Reuters.

"That's something we're not seeing happening," the spokesman added and noted that this was demonstrating the weaponization of energy by Russia.

Market reaction

These comments failed to trigger a noticeable market reaction. As of writing, the EUR/USD pair was down 0.25% on a daily basis at 0.9927.