US: Russia's demand for fuel is a sign of despair

US: Russia's demand for fuel is a sign of despair

Russian President Vladimir Putin's request for foreign buyers to pay for Russian gas in rubla is a sign of Moscow's “condemnation <x1 economic and financial>. So said US State Department spokesman Ned Price on Thursday, who estimated this despair was caused by Western sanctions in response to the occupation [...]

So said US State Department spokesman Ned Price on Thursday, who praised that despair was caused by Western sanctions in response to Ukraine's invasion

Putin said Russian gas buyers should open accounts in rubles in Russian banks and use them to make payments for gas deliveries from Friday (April 1st).

European countries, some of which rely heavily on Russian gas, have rejected the demand, and the German government said it constituted “quality”.

“I think this is basically just another indicator of the serious situation in which Russia's economy is located,”, Price told reporters at a regular press conference, adding that it is up to European countries to decide on their response.

Sanctions, export controls and other economic measures imposed in response to Ukraine's invasion on February 24th have had a key, substantial and deep “and led to “economic and financial whispering” on the part of Russia, Price said. / REL

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