Russia said it would work out practical arrangements by Thursday for foreign companies to pay for its gas in rubles, raising the probability of supply disruptions as Western nations have so far rejected Moscow’s demand for a currency switch.
The EU is assessing a scenarios including a full halt to Russian gas supplies next winter, as part of its contingency planning for supply shocks, the European Commission said last week.
President Vladimir Putin’s recent order to charge “unfriendly” countries in rubles for Russian gas has boosted the currency after it fell to all-time lows when the West imposed sanctions against

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