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.

    • Tony Smehrik
      link
      fedilink
      English
      512 years ago

      In what world has Russia been successful at anything lately? A supposed world power can’t quickly over run Ukraine.

      • FarraigePlaisteach
        link
        fedilink
        20
        edit-2
        2 years ago

        Abuse, exploitation of the vulnerable and disinformation among its citizens. Actually, I would argue that the disinformation has been successful in Britain and the former colonies.

    • MxM111
      link
      fedilink
      672 years ago

      You think everything goes according to the plan on Russian side? This “special operation” is the largest clisterfuck imaginable for them.

      • @[email protected]
        link
        fedilink
        English
        512 years ago

        You only think that getting your defensive line breached and continuing to lose ground 565 days into your 3 day offensive is bad if you’re in a propaganda bubble.

      • @[email protected]
        link
        fedilink
        English
        52 years ago

        No. But it seems ya’ll think nothing goes to plan on the Russian side. Which just isn’t true, unless you live in a propaganda bubble.

        Lol.

        • @[email protected]
          link
          fedilink
          English
          312 years ago

          Do you not know what the word ‘theme’ means? I think that’s the crux of this issue.

            • @[email protected]
              link
              fedilink
              English
              282 years ago

              That doesn’t even make sense in context. Is English your second language? I’m happy to change how I phrase things.

              • @[email protected]
                link
                fedilink
                English
                3
                edit-2
                2 years ago

                You’re desperate to move goalposts to fool yourself into thinking you’re right.

                Theme? What? Lol. I never said ‘generally.’ I never referred to ‘trends.’ I was talking about specifics. Specifically, you incorrectly interpreted my comment as ‘everything goes according to russian’s plans.’ Which is asinine. I never insinuated that. Just like with your ‘theme’ argument, you’re making stuff up that’s easier to argue against because you don’t really have a point.

                Look, I’m sorry you’ve fallen for the propaganda. I support Ukraine. I believe they are winning the war. However, that doesn’t mean Russians aren’t doing anything right, which is what everyone here seems to believe.

                If you can’t conceive of how much content is being filtered and censored to garner as much support for the war as possible, I literally can’t help you. You need more life experience.

                • @[email protected]
                  link
                  fedilink
                  English
                  232 years ago

                  So you actually think there’s not a general theme of things going poorly for Russia?

                  There are drones bombing their capital and their currency dropped significantly. International companies are leaving. They’re spending LOADS of money and lives and not really getting very far.

                  What part of that sounds like it’s going not poorly, in a general sort of fashion?

                  • @[email protected]
                    link
                    fedilink
                    English
                    22 years ago

                    I never mentioned what a general theme for russia would or would not be.

                    This is you making up an argument because you need something to argue against, and it can’t be what I’m actually saying.

                    Since you’re going to carry this on forever, you may have the last word.

                    Goodbye, and good luck. lol.