Russia threatens to stop supplying gas if not paid in roubles

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Vladimir Putin orders “unfriendly” foreign buyers of Russia’s gas to open Russian bank accounts. …

Ultimately, Russia still needs the money for the gas, and still wants to leave the possibility of a market for its main export once a peace deal is signed. However, it is also true to say that the threat of a cut-off has escalated. EU nations have prepared emergency measures to manage demand, and would be more willing to face that now during spring and summer than winter.

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