The European Union said late Thursday that gas supplies to the continent should start flowing shortly, after a deal was struck late Thursday with Ukraine and Russia.

Ukraine balked at last-minute demands from the Russian gas monopoly, frustrating a deal that would have resolved a dispute that has shut off natural gas supplies to Europe.

Europe’s gas crisis appeared to be moving toward a solution, after Gazprom said it would resume shipments when monitors could verify the gas was being shipped to the West.

A meeting between the top Gazprom executive and his Ukrainian counterpart to resolve a conflict that has halted Russian gas exports through Ukraine ended without agreement.

As the pricing dispute escalated on Wednesday, the cutoff showed the first signs of hitting the European economy.

As the pricing dispute escalated on Wednesday, the cutoff showed the first signs of hitting the European economy.

As the pricing dispute escalated on Wednesday, the cutoff showed the first signs of hitting the European economy.

All gas supplies to Europe via Ukraine were shut down as the pricing dispute between it and Russia escalated.

Russia’s gas price dispute with Ukraine escalated, disrupting deliveries to the European Union in the midst of a bitter cold spell.

Russia’s gas price dispute with Ukraine escalated, disrupting deliveries to the European Union in the midst of a bitter cold spell.