This is precisely what will happen. How do you buy russian oil if you cannot transfer money to Russia?
That's what SWIFT removal does. Effectively means Russia cannot import or export anything. China has made 1 exception, they will still import russian wheat and that's it.
This is precisely what will happen. How do you buy russian oil if you cannot transfer money to Russia?
That's what SWIFT removal does. Effectively means Russia cannot import or export anything. China has made 1 exception, they will still import russian wheat and that's it.