Report: Gazprom cuts off Ukraine's gas

MOSCOW, Russia (CNN) -- Russian energy monopoly Gazprom cut off supplies of natural gas to Ukraine after a payment deadline expired Thursday, Russian state television reported.
Gazprom had been threatening the move, saying months of negotiations with Ukraine had failed to resolve the issue of outstanding payments.
Ukraine owes the energy giant about $2 billion for past natural gas deliveries.
Ukraine also disputes the new price set by Gazprom for 2009 deliveries, which was initially more than ... Read more...