Russia’s Gazprom to Halt Gas Deliveries to Austria From Nov. 16
European gas prices jumped as Austria’s OMV AG said Russia will cut deliveries from Saturday. Gazprom PJSC notified the company that it will cut supplies to Austria to zero, OMV said in a statement. The cut off comes after the Austrian energy company said it will stop payments to recoup a €230 million ($242 million) arbitration reward against the Russian firm.