Russia-Ukraine war latest news: The west may be imposing sanctions but Putin is playing the card that could make Europe fold at the table. Russian President is set to demand ruble payments for natural gas purchases from European nations as they face the worst energy crisis in decades.
Also Read | Why is Russia continuously attacking Ukraine’s Mariupol
The Russian chief ordered the central bank to develop a mechanism to make ruble payments for natural gas within a week at a meeting with his government.
Gas prices surged more 30% while ruble gained 7% against the dollar as Putin is set to force European companies to directly prop up his currency which has been whipsawed after the sanctions.