the euro the common currency of 19 european countries is a tiny bit away from trading at parity with the us dollar as the economic outlook for the region darkens concerns that the energy crisis sparked by russia’s invasion of ukraine is set to worsen have increased the odds of a sharper downturn russia shut off natural gas in the nord stream 1 pipeline on monday for maintenance and some fear it won’t be turned on again as moscow seeks to punish the west for sanctions imposed over its invasion of ukraine if supply is cut off prices could jump even higher