Russia’s Gas-For-Rubles Payment Schedule Explained

Russian President Vladimir Putin issued a decree establishing a new payment system for Russian gas by non-friendly countries beginning April 1. Here's Russia’s gas-for-rubles payment schedule explained.

Russia will not demand ruble payments from "unfriendly states" right away, according to Kremlin spokesperson Dmitry Peskov, who added that the transition will be "gradual."

Peskov told journalists, "Nobody is in a rush." He explained “This is the move in stages, very cautious, with con...

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