Russia told Austria on Friday it will suspend gas deliveries via Ukraine on Saturday, in a development that signals a fast-approaching end of Moscow's last gas flows to Europe, Paralel.Az reports citing Reuters.

Russia's oldest gas-export route to Europe, a pipeline dating back to Soviet days via Ukraine, is set to shut at the end of this year.

Ukraine has said it will not extend the transit agreement with Russian state-owned Gazprom (GAZP.MM), opens new tab in order to deprive Russia of profits that Kyiv says help to finance the war against it.