The Biden administration banned all imports of Russian oil and natural gas on March 8 as part of its sanctions on Russia for its Ukraine invasion.
As of January around 58% of Gazprom’s natural gas sales were in euros, 39% in dollars and 3% in sterling, Reuters reported.
https://www.msn.com/en-us/money/news...les/ar-AAVq7As
A Polish government source told Reuters that forcing payments for Russian gas to be made in rubles would constitute a breach of contract. Italy, one of the biggest buyers of Russian gas, said it would likely continue payments in euros, Bloomberg reported.
Russia plans to demand ruble payments for natural gas purchases from European nations, deepening its standoff with the west and potentially aggravating Europe’s worst energy crunch since the 1970s.https://www.bloomberg.com/news/artic...?sref=X2kHL3Gj