Companies and governments girded for higher energy prices and said they were continuing to prepare for emergency measures after Russia said it had indefinitely halted natural-gas supplies to Europe along a key pipeline.
Swedish and Finnish government officials vowed Saturday to provide liquidity to Nordic power-market players should they need it after the move. European governments and industry have been able to sock away more natural gas than some analysts had expected over the summer—protecting the continent from the threat of large-scale shortages any time soon.
