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.

    • MxM111
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      6010 months ago

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

      • @bobman@unilem.org
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        -3910 months 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.

            • @surewhynotlem@lemmy.world
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              2510 months ago

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

              • @bobman@unilem.org
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                10 months 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.

                • @surewhynotlem@lemmy.world
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                  2110 months 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?

                  • @bobman@unilem.org
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                    -2510 months 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.

      • FarraigePlaisteach
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        10 months 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.