Ukraine Russia gas talks fail ahead of cut off deadline

Ukraine and Russia failed to hold expected talks on a gas pricing dispute this morning, despite a deadline for Kiev to pay a $1.95 billion debt by Monday or have its gas supplies cut off.

Read: Gas crisis looming after Russia Ukraine talks collapse

Russian decision to stop deliveries to Kiev could disrupt the gas flow to the European Union, which receives its energy via Ukraine.

Advertisement

Ukraine's president extends truce for the east

Ukrainian President Petro Poroshenko has extended a week-long ceasefire with pro-Russian separatists in the east for another three days.