The other Side of the Truth
Certainly, the world today, with its monetary economy and liquidity, is heading towards building a multipolar international monetary system, perhaps ending the dominance of the US dollar in favour of the rise of other diverse competing currencies, and the Russian ruble will be among these rising currencies. This is the reality of what the Russian-Ukrainian war will produce, regardless of who wins this war.
As Bloomberg data indicated, the move by major European companies to open accounts in rubles has led to relative calm in natural gas prices, with the start of providing studies to buyers that would enable Europe to obtain oil and gas supplies from Russia, without violating sanctions. Noting that natural gas futures contracts fell by 3.5% after they rose by about 16% in the past.
