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June 18, 2014 AT 7:48 AM
Russia halted natural gas deliveries to Ukraine on Monday, spurning Ukraine's offer to pay some of its multibillion-dollar gas debt and demanding upfront payments for future supplies. The decision, coming amid deep tensions over eastern Ukraine, provoked strong words from both sides but does not immediately affect the crucial flow of Russian gas to Europe. According to the head of its state gas company Naftogaz, Ukraine has enough reserves to last until December. Still analysts said.