Russia bars dollar in EU energy deals
- Russia announced it will stop accepting U.S. dollars for some energy sales to European buyers, shifting payments toward rubles and Chinese yuan. (x.com) - Kremlin officials called the move sanction-proofing after Western restrictions, and analysts say it complicates EU energy contracts and banking. (x.com) - The shift follows reported April oil losses of about $7 billion tied to sanctions and market responses. (x.com 1) (x.com 2)