> On Friday, Germany and Italy both told companies that they could open up rubles accounts in order to purchase Russian gas, in line with President Vladimir Putin’s request. >Russia’s request has companies opening up two accounts at Gazprombank; one in euros or U.S. dollars and another in rubles.
And that's the news that matters most, Petrodollar is bust.
> On Friday, Germany and Italy both told companies that they could open up rubles accounts in order to purchase Russian gas, in line with President Vladimir Putin’s request.
>Russia’s request has companies opening up two accounts at Gazprombank; one in euros or U.S. dollars and another in rubles.
And that's the news that matters most, Petrodollar is bust.