Russian President Vladimir Putin blasted the government for turning a blind eye on US dollar payments in the domestic oil trade.
“I would like to mention one crucial issue in the development of the energy industry, and the economy as a whole. It is a question of finally stopping the use of foreign currency in internal trade,” said Putin at the fuel and energy presidential commission on Tuesday.
Putin posed the question to the Russian Finance Minister.
“Mr. Siluanov, aren’t settlements in foreign currencies prohibited by [Russian] law? And what do we have in practice? Fees for shipment of oil products and crude …read more
Source: Iranian.com