Will Russia Actually Trade Oil For Bitcoin?

On Thursday, March 24, Pavel Zavalny, chairman of Russia’s State Duma Committee for Energy, announced payment terms for countries looking to purchase oil and gas from Russia. It is an extension of the Russian government’s earlier statement to “unfriendly countries,” (directed toward most European Union member states) saying that they should pay for their energy with rubles or gold.The U.S. Sanctions Both of these announcements from Moscow are part of a response to the Biden…
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