Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Trump: Russia Makes Fortune Selling Oil, Gas in Roubles


Sun 29 May 2022 | 03:03 AM
Taarek Refaat

Former US President Donald Trump said the rouble is now stronger than ever, noting that high oil prices and the move to paying for energy in roubles are allowing Russia to make a "wealth".

Trump said the rouble is now stronger than ever, noting that high oil prices and the move to paying for energy in roubles are allowing Russia make more money than ever.

The former president also spoke about the situation in Ukraine and suggested that the Russian special operation could be stopped by oil, when the price is $30-40 a barrel.

"Russia makes a fortune selling oil at current prices, and they only accept roubles now, only this currency," Trump continued.

Last week, the value of the Russian currency against the US and European currencies reached a record high, below the level of 58 roubles each, for the first time since June 2015.