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Essential Geopolitics: Why Is Russia Demanding Gas Payments in Rubles?

Mar 31, 2022 | 10:00 GMT

(Stratfor)

The Western sanctions that went into effect after Russia sent troops into Ukraine have taken a deep bite out of the Russian economy. Those sanctions, however, did not target exports of Russian natural gas, which Moscow is now demanding that European customers pay for with rubles. Matthew Bey, senior global analyst at RANE, has the details.