Europe’s already high gas prices have gyrated since Russian President Vladimir Putin announced plans to have importers pay for Russian natural gas in rubles instead of dollars and euros. Here’s a look at some of the implications of such a move: WHAT IS PUTIN PROPOSING? Europe imports large amounts of Russian natural gas to heat homes, generate electricity and fuel industry, and those imports have continued despite the war in Ukraine . Around 60% of imports are paid in euros, and the rest in dollars. Putin wants to change that by requiring foreign gas importers to purchase rubles and use them to pay state-owned supplier Gazprom. Putin told the Russian central bank last Wednesday to come up with a workable system . Russia-Ukraine war Live updates: Ukraine: death toll in Mykolaiv strike at 14 Poland to end Russian oil imports; Germany warns on gas Russian pledge […]