A summer gas war is brewing in Ukraine, threatening another cut-off of Russian gas supplies into Europe and a worsening of the cash squeeze on Gazprom, Russia’s biggest company.Eleventh-hour talks are under way between the European Union, the International Monetary Fund (IMF) and the European Bank for Reconstruction and Development to secure a stop-gap loan of $4 billion (£2.44 billion) to pay for Ukraine’s gas needs.
European gas war looms as Ukraine seeks cash to pay Gazprom for July deliveries
