US warns Russia against gas hikes to hurt Ukraine

A picture taken on March 4, 2014 shows valves of a gas pipe-line a gas station not far from KievThe United States warned Russia Thursday not to use energy costs as an instrument of political coercion, after Moscow scrapped its last gas price discounts for Ukraine. Russian Prime Minister Dmitry Medvedev earlier announced the move, effectively raising the price by $100 to $485 for every 1,000 cubic meters of gas. Asked about the decision, White House spokesman Jay Carney warned “markets should determine energy prices.” “A country should not use supply and pricing terms as tools of coercion to interfere in Ukraine or anywhere else,” he said.

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