Russia warns EU of oil cuts over Ukraine row - Reuters

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MOSCOW (Reuters) - Russia has warned the European Union of oil supply cuts because of a fresh row between Moscow and Kiev, the Slovak government said on Monday, hours after Russia played down worries about a new gas row with Ukraine.

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The Slovak Economy Ministry said Russia has warned the European Union that Slovakia, Hungary and the Czech Republic could experience oil supply cuts. A European Union source said oil stocks in those countries were adequate to withstand cuts. Europe, which receives the lion's share of its oil and gas needs from Russia, closely tracks Russian disputes with its neighbors after EU gas supplies were cut in the dead of winter in 2006 and 2009 due to disputes between Moscow and Kiev.

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This page contains a single entry by Viraj published on December 28, 2009 9:52 PM.

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