Highlights Yuan, Euro most likely alternative currencies EC’s Juncker calls for greater euro role in energy trading More Russian producers preparing for trade in other currencies Moscow — Recent comments by leaders from Russia, China and the EU, calling for an increase in non-dollar denominated trade is fueling interest among Russian energy players, even though the practice remains associated with additional financial risks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Those now looking into alternative currencies cite the twin threat of proposed new sanctions against Russia and the introduction of higher tariffs by the US government as driving a shift in perspective. In the wake of the US administration’s increasingly hostile trade policy, they point to the Yuan or the Euro as the most reliable alternatives, but some are also considering increasing ruble-denominated trade. “Given the situation we have to face when settling in […]