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Putin Raises Gas Prices

by Market FinancePosted onMarch 23, 2022March 23, 2022

Biden can’t do anything.

Russian President Vladimir Putin continues to have his way with President Biden and the European Union.

It has now been revealed that President Putin is demanding a handful of European countries to pay for Russia’s oil and gas with Russian Rubles as a retaliation for the sanctions they have placed against his country.

Europe will have to comply with Russia since they get at least 40% of their gas from Russia and this will likely raise their prices as well as our own here in the United States.

Richard Medhurst took to Twitter and explained, “This rule applies to all ‘unfriendly’ nations. Russia published a list of 48 ‘unfriendly’ states a few weeks ago which includes the EU, U.S., Japan, Switzerland and Norway. (These are generally countries that have sanctioned Russia in the last weeks).”

Here is more:

This rule applies to all “unfriendly” nations. Russia published a list of 48 “unfriendly” states a few weeks ago which includes the EU, U.S., Japan, Switzerland and Norway. (These are generally countries that have sanctioned Russia in the last weeks).

— Richard Medhurst (@richimedhurst) March 23, 2022

Remember! The US is begging Maduro for oil. It wants the nuclear deal back to get Iranian oil on the market. Saudis are considering selling oil to China in Yuan, not USD. India bought Russian oil in rupees.

I covered all of this here. Essential watching: https://t.co/BGBCNqDUEa

— Richard Medhurst (@richimedhurst) March 23, 2022

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Published by Market Finance

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