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Talks Collapse; Ukraine Halts Purchases of Russian Gas

Ukraine suspended its purchases of Russian natural gas after European Union-mediated price talks collapsed Tuesday. Russian Energy Minister Aleksandr Novak said he was "surprised" that Ukraine was demanding a much deeper discount than what he was offering. He said the price the Ukrainians wanted was out of line with current market conditions, and that the decision to stop buying Russian gas was political. Ukraine said the price cut Russia was offering was not low enough. But...

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