Post Tagged with: "dollar denominated oil contracts"

Source: CNBC

Russia to consider ditching dollar-denominated oil contracts if faced with more U.S. sanctions

CNBC


Russian Deputy Prime Minister Alexander Novak on Thursday said the oil and gas-rich country may soon be tempted to move away from U.S. dollar-denominated crude contracts if President Joe Biden’s administration continues to impose targeted economic sanctions.

“Well, ideally