Tim Conway Jr

Tim Conway Jr

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Putin Says He'll Only Accept Rubles For Gas Purchases

From this point forward, anyone who wants to buy gasoline from Russia will have to pay with rubles.

  • That’s the word from Russian President Vladimir Putin, who says motorists and gas companies from “unfriendly countries” will have to open a Russian bank account and withdraw their money in rubles before purchasing fuel from his country.
  • Defying Putin’s new mandate, leaders in France, Germany and the U.K. on Thursday announced they have no intention of using Russian currency to buy gas.
  • Is this mandate going to hurt Russia more than it hurts other countries?

Photo Credit: Getty Images


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