President Putin on Sept 28 signed a decree extending the ruble settlement order for gas trade from its prior expiry of Oct 1, 2026 to Apr 1, 2027. The order requires foreign buyers to deposit rubles into Russian suppliers' accounts at banks in Russia

2026-09-29

President Putin on Sept 28 signed a decree extending the ruble settlement order for gas trade from its prior expiry of Oct 1, 2026 to Apr 1, 2027. The order requires foreign buyers to deposit rubles into Russian suppliers' accounts at banks in Russia to complete payments.