Russia gives Ukraine gas payment deadline

Gazprom has again threatened to cut off Ukraine’s gas supplies after setting a new deadline for the crisis-ridden east European state to pay the $3.5bn (£2.8bn) the energy giant says it is owed.

The warning to pay by June 2 follows pressure from the Russian government on Gazprom to test the West’s commitment to protect the vital gas route for supplies into Europe. Continue reading