Billions in Russian oil sale profits are stuck in Indian banks, marking a blow to President Vladimir Putin’s attempts to stop using the U.S. dollar for trade.
Commodities such as oil, gold and wheat are typically traded around the globe in U.S. dollars, the world’s reserve currency.
However Russia’s financial system was essentially isolated by Western sanctions imposed after Putin’s invasion of Ukraine, making his country unable to make transactions in greenbacks, thus limiting trade.
I just read the whole thread lol, you originally responded “only if you live in a propaganda bubble” to the first comment about things going for Russia being a theme.
Sad to say, you’re incorrect in this chain of comments and are clearly just trying to deflect after making an unpopular reply in the first place.
Go touch some grass.