It bears recalling that chairman of the Russia's Congressional energy committee, Pavel Zavalny, said in a press conference on Thursday - as we detailed earlier - that Russia is open to accepting different currencies for its exports, beginning with natural gas, depending on the buyer’s preferred method of payment, and also "hard money" like gold. However, the chairman said terms will depend on the importing country’s foreign relations status with Russia....It works two ways.
Zero Hedge
US & G7 Allies Go After Russia's Ability To Sell Its Gold As Sanctions Evasion 'Lifeline'
Tyler Durden
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