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.

  • deft@ttrpg.network
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    1 year ago

    i know this information you presented

    changes nothing. go back to spreading disinformation idiot

      • MechanicalJester@lemm.ee
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        1 year ago

        Mhmm so how do you pass your own " I fell for the propaganda test", and would you adjust your thinking with new information?

        You haven’t addressed any plain as day facts this far.

        If you want everyone reading your posts to be fully convinced you’re hopelessly brainwashed then don’t address any specifics and just tell us to do our own research…

          • Syringe@lemmy.world
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            1 year ago

            You haven’t really shown us anything. You’ve taken a contrarian position so that you can either a) push a false narrative, or b) make yourself feel like you have some sort of special, secret knowledge so you can feel superior about one thing in an otherwise shitty life.

            Liveuamap.com shows a border that is moving in the direction that most reporting days it is. It is fairly easy to confirm/deny by external agencies, as it represents something physical and tangible. Either Russia is getting whooped on, or the map is lying. With satellite images, videos on location, and gps data, nobody has called it out yet. You’re welcome to give it a go, and if you can disprove it, I’m all ears

            Until then, facts is facts, son.