: :inin Kyiv (EET)

Russia just froze Ukraine’s gas supply and it could be really bad news for Europe


Russia’s relations with Ukraine have soured since Moscow’s annexation of Crimea in March 2014, and now the two countries are fighting about gas supplies again. On Wednesday morning, the CEO of Gazprom, Russia’s biggest state-owned natural-gas producer, said the company had cut off gas supplies to Ukraine after the country failed to pay in advance for more energy. As first reported by the Financial Times, Russian wire services say Gazprom boss Alexei Miller told reporters all supplies had stopped. AFP reported that Miller said as of 7 a.m. GMT that Ukraine’s Naftogaz had used up all the gas it had …read more

Source: Business Insider

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