Russian President Vladimir Putin (Photo: TASS)

President Putin informed German Chancellor Olaf Scholz of Russia’s decision to demand Russian rubles in gas transactions, from Germany in particular. Putin said the decision should not lead to a deterioration of contractual obligations for European companies that import Russian gas, and there should be a further discussion of payment requirements.

He briefed Italian Prime Minister Mario Draghi on the progress of talks between Russia and Ukraine, the latest round being hosted one day earlier in Istanbul. Putin explained why Russia wants Italy and other countries to pay for Russian gas in rubles.