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More of Europe faces Russian gas supply cuts

Russian energy giant Gazprom is cutting gas supplies to the Netherlands and Denmark over their refusal to pay in roubles. It follows an EU move to block most Russian oil imports.

The Russian energy giant, Gazprom, is cutting gas supplies to the Netherlands and Denmark over their refusal to pay in roubles. It comes after the EU's decision to block most oil imports from Russia over the continuing conflict in Ukraine.

Elsewhere, US President Joe Biden welcomes New Zealand Prime Minister Jacinda Ardern to the White House to discuss the security situation in the Pacific.

Ed Butler is joined by Colin Peacock from Radio New Zealand in Wellington and CNBC business journalist and author Lori Ann LaRocco to discuss the key business issues of the day.

(Image:RUSSIA-UKRAINE-CONFLICT-ENERGY-GAS-EU. Credit: Getty Images)

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50 minutes

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  • Wed 1 Jun 2022 00:06GMT

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