Billions in Russian oil sale profits are stuck in Indian banks, marking a blow to President Vladimir Putin’s attempts to stop using the U.S. dollar for trade.
Commodities such as oil, gold and wheat are typically traded around the globe in U.S. dollars, the world’s reserve currency.
However Russia’s financial system was essentially isolated by Western sanctions imposed after Putin’s invasion of Ukraine, making his country unable to make transactions in greenbacks, thus limiting trade.
putler is so ugly and dead eyed.
And only smiles when he is up to something particularly awful. Same as his impressionable puppet trump.
You’re not still believing in Russiagate are you lol?