SOCHI, RUSSIA - MARCH 16: Russia President Vladimir Putin waves during the Sochi 2014 Paralympic Winter Games Closing Ceremony at Fisht Olympic Stadium on March 16, 2014 in Sochi, Russia. (Photo by Dennis Grombkowski/Getty Images)
Russia’s state oil company, Gazprom, stopped gas deliveries to Poland and Bulgaria after their refusal to issue payments in roubles. Russia is the main energy supplier to the European Union.
Ursula von der Leyen, European Commission President, said, “the Kremlin uses fossil fuels to try to blackmail us.” Leyen added, “this is something the European Commission has been preparing for in close coordination and solidarity.”
Russian President Vladimir Putin signed a decree in March that created a process for foreign buyers of gas to pay in roubles. However, the European Commission said the payments would violate E.U. sanctions imposed after Russia’s invasion of Ukraine.
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