Russian Energy Minister Aleksandr Novak said the country is considering an option of payments for oil in national currencies, in particular with Turkey and Iran.
According to him, both countries are interested but there is also a matter of conversion of currencies and their further use. “There is a common understanding that we need to move towards the use of national currencies in our settlements. There is a need for this, as well as the wish of the parties,” Novak said. Continue reading “Moscow wants to get rid of dollar & euro payments in oil trade with Turkey and Iran”