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Liberal (Center-Left) North America

Putin demands ‘unfriendly countries’ pay for Russian gas in rubles

NPR Staff | NPR | 23 March 2022

https://www.npr.org/2022/03/23/1088350219/putin-russia-gas-ruble

Russia wants “unfriendly countries” to pay for Russian natural gas in rubles. That’s a new directive from President Vladimir Putin as he attempts to leverage his country’s in-demand resources to counter a barrage of Western sanctions.

“I have decided to implement … a series of measures to switch payments — we’ll start with that — for our natural gas supplies to so-called unfriendly countries into Russian rubles,” Putin said in a televised government meeting, adding that trust in the dollar and euro had been “compromised” by the West’s seizure of Russian assets.

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