Denmark has joined the list of countries refusing to pay for Russian gas using a ruble conversion scheme, prompting the country’s state-run gas company on Monday to warn that Gazprom could cut off gas exports in retaliation. Denmark is the latest country to refuse the Kremlin’s demands for opening Western currency accounts alongside a ruble account to allow for payments for gas that are essentially made in rubles. Poland and Bulgaria were the first countries to refuse the scheme, resulting in a Gazprom move to cut off supplies,…
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