Putin Signs the Order: Gas to Be Cut Off Unless World Leaders Meet His Demand
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Russian President Vladimir Putin is about to teach Europe a hard lesson about why energy independence is so critical.
According to Bloomberg, the Russian strongman said in a speech on Thursday that he’ll be cutting off gas supplies to those in “unfriendly” states unless they pay in rubles, Russia’s battered currency.
“To buy Russian gas, they need to open ruble accounts in Russian banks,” Putin said in his speech. “It is from those accounts that gas will be paid for starting April 1. If such payments aren’t made, we will consider this a failure by the client to comply with its obligations.”
Buyers from these “unfriendly” countries would have to open accounts in Russia’s state-controlled Gazprombank, which would convert their foreign currency into rubles, according to an order signed by Putin.
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