Putin Calls Ukraine’s Gas Price Demands ‘Dead End’ | Business

Putin Calls Ukraine’s Gas Price Demands ‘Dead End’ | Business

Russian President Vladimir Putin accused Ukraine on Wednesday of forcing gas talks into a “dead end” by rejecting a price cut offer made amid a row threatening supplies to the rest of Europe. As Kiev demanded contract changes to lower the highest prices in Europe for Russian gas supplies, Moscow also dug in its heels, suggesting its proposed price cut of about one-fifth to around $385 per 1,000 cubic meters was its final offer.