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.
Waqf Act Row: Hearing on petitions against Waqf Amendment Act in Supreme Court today, many states have challenged it
The Supreme Court will hear petitions against the constitutional validity of the Waqf (Amendment) Act 2025 on Thursday. Chief Justice BR Gavai and Justice Augustine George Masih will hear the case.
Oppo A96 got a cut of Rs 1000, know the new price and features
Oppo A96 Discount Offer: If you are planning to buy Oppo's smartphone then this news is for you. Oppo has drastically cut the price of its new mid-range smartphone Oppo A96. The phone is now available
Arvind Kejriwal: Kejriwal is reading books in Tihar Jail, spending most of his time doing yoga and meditating.
Delhi Chief Minister Arvind Kejriwal is spending most of his time in Tihar Jail meditating, reading books, and doing yoga. Jail sources gave this information on Thursday. Kejriwal, the first sitting
Arbaaz Khan shared a special picture of the Nikah ceremony with Shura Khan, the entire 'Khan family' was seen in one frame.
Arbaaz Khan And Shura Khan Nikah ceremony: Bollywood actor Arbaaz Khan has once again settled his house. The actor married once after six years of divorce from Malaika Arora.
Partition Day: Rajya Sabha MP's letter to PM Modi, includes Partition in the school curriculum, Memorial Day
India celebrates Independence Day on August 15, 2022. However, just a day before this, we also celebrate the sorrow of the partition of the country in 1947. When this partition took away a large part
RO/ARO Paper Leak: Why trust on private printing press despite having a government press? Candidates raised questions
The STF, which is investigating the paper leak case in the Review Officer (RO) / Assistant Review Officer (ARO) Preliminary Examination-2023, has revealed that the paper was leaked from a printing
Russia-Ukraine War: America warned China, said- If Russia helps, it will have to face serious consequences
The United States has warned China of dire consequences. He has said that if China provided weapons to support Russia's invasion of Ukraine, the outcome would not be good. Earlier, Kyiv's top general
R Madhavan does not want to romance with young actresses: Said - now I will select the role according to age
Bollywood actor R Madhavan has openly talked about romancing young actresses and playing films according to age, during a recent interview. At the same time, he also revealed that he did not want to
The matter of nameplate again reached the Supreme Court, now a petition was filed in support, saying- it should not be forcibly given a communal color.
Nameplate case in SC The Supreme Court upheld the Yogi government's decision to allow shopkeepers to install nameplates during the Kanwar Yatra in UP. Meanwhile, this matter has once again reached the
Sale of Nokia G11 Plus begins, know the price of this smartphone with 50MP camera, everything from specifications to offers
Nokia G11 Plus Sale: Nokia G11 Plus smartphone is now available for sale in India. A few days ago the company launched this phone in India. This Nokia smartphone will be made available for sale
