Russian President Vladimir Putin recently said that any countries opposing Russia during the war will have to pay in rubles for buying oil and gas from Russia. The deadline set for this is starting from Thursday. Experts believe that this move by Russia may deepen the gas supply crisis in Europe.
Trying to raise the price of the ruble
Russia said it would make practical arrangements by Thursday for foreign companies to pay for its gas in roubles, raising the possibility of supply disruption as Western countries oust Russian banks from the SWIFT global payment system. Since then the Russian currency has depreciated strongly and the demand to switch these rubles to it has not yet been accepted. According to economists, Putin has taken this step to increase the value of the ruble. Let us tell you that after Putin decided to attack Ukraine on 24 February, the ruble has fallen to its all-time low. According to earlier reports, the ruble has broken more than 30 percent against the dollar so far.
A Russian spokesman said the big thing
On the other hand, as Russia's attacks on Ukraine have increased and as Western countries increase economic sanctions on Russia, the gas supply crisis has deepened. While there has been a strong jump in crude oil, the price of gas in Europe has also reached the sky. On Tuesday, Kremlin spokesman Dmitry Peskov said in a stern tone that no one will supply gas for free, it is impossible and if you have to buy gas from Russia, you can only pay for it in rubles. Let us tell you that this move of Russia is also being criticized because most of the Russian gas is paid in euros and the rest is paid in dollars.
Fears of supply disruptions increased
According to Peskov, all those modalities are being developed in line with the March 31 deadline set by President Vladimir Putin so that this system of payment of the gas price in rubles is simple and feasible for European and other international buyers. A report released in this regard said that Russia's announcement has given rise to fears of major disruptions in gas supply in Europe's top economies. Meanwhile, Germany has expressed strong concern over this move of Russia. Peskov said that Russia is entitled to defend itself against sanctions. We have been and will be a reliable supplier of gas. However, foreign companies will need to pay in rubles to buy gas.
Germany issued a warning
After the announcement of accepting Russian gas payment in rubles, its effect is also visible. Germany's government said on Wednesday it was issuing an early warning regarding gas supplies amid concerns that Russia could cut supplies if payments are not made in rubles. The West has rejected Russian demand for payment in the ruble, saying it would undermine sanctions against Russia after it invades Ukraine.
Imran Khan's claim - months ago, a conspiracy was hatched to kill me, narrowly saved; 3 bullets were fired from the leg
Former Pakistan Prime Minister Imran Khan has claimed that the conspiracy to kill him was hatched two months ago. Imran has been injured in the attack during the Lahore to Islamabad Long March. Imran
Kartik Aryan: Did Kartik Aryan campaign for Congress Party? You will be shocked to know the truth of the viral video
The name of Karthik Aryan, who has made a special place in the hearts of people through his excellent acting skills, often remains on the lips of fans for some reason or the other. While on the one
INDIA: Nitish objected to the opposition alliance being named 'India'! Know the reason behind this
Sources are being quoted as saying that Bihar Chief Minister Nitish Kumar is not happy with the name 'India' (Indian National Development Inclusive Alliance) being given to the opposition front. The
Who is BJP's dashing leader Tajinder Pal Bagga who came to Bigg Boss 18 with four pairs of clothes, the shoe scandal is famous
Salman Khan's show 'Bigg Boss 18' was in the news for a long time. On Sunday, October 6, at 9 pm, the moment came when this controversial reality show started.
JEE Main Admit Card 2023: Admit card for JEE Main April session released, download from this link
JEE Main Admit Card 2023 Session 2: The admit cards of the candidates who applied for appearing in the second phase of JEE Main entrance examination to be held on April 6 have been issued. The admit
Hijab Row: Hearing continues in Supreme Court, AG of Karnataka said – Hijab banned in Turkey and France too
The petitions against the hijab ban in Karnataka were heard once again in the Supreme Court today. Arguments were made on behalf of both the government and the petitioner. Advocate General Prabhuling
Yakutsk of Russia is the coldest city in the world: temperature -50 degree Celsius; People live because of gold-diamond mines
The temperature in the world's coldest city has reached -50 degrees Celsius. The situation is that all the food items are frozen in ice. To drink water, the ice has to be melted first. This is Yakutsk
Team India New Coach: Khalid Jamil becomes the new coach of the Indian football team, AIFF announced
The All India Football Federation (AIFF) has appointed Khalid Jamil as the new coach of the Indian football team. The AIFF announced this on Friday. Khalid led Aizawl Football Club to the I-League
In the case in which Daler Mehndi was arrested, more than 30 cases were registered
Punjab's Patiala Court has upheld the two-year sentence awarded to famous Punjabi singer Daler Mehndi in an 18-year-old human trafficking case. After this, he has been arrested. In the year 2003, more
India Vs Maldives Row: Objectionable remarks of Maldivian ministers on PM Indian trade organization enraged, said- invest in Lakshadweep
The Indian Chamber of Commerce (ICC) has taken a major step amid the controversy over objectionable comments against Prime Minister Narendra Modi by Maldivian ministers. The ICC has urged tourism and
