Russian President Vladimir Putin says his country will halt its gas exports to European buyers unless they make payment in rubles.
However, the demands were swiftly rejected.
Germany, France and several other countries insist they'll continue to pay in dollars or euros.
Amid tough economic sanctions put in place by the international community,
Russian President Vladimir Putin is seeking to leverage the country's natural gas exports.
Putin signed a decree on Thursday, requiring "unfriendly countries" to pay for natural gas in rubles via Russian banks from April 1st.
He added during his televised speech that existing contracts would be terminated if clients fail to comply with their obligations.
Despite strong messages coming from Europe's biggest gas provider,
Western companies and governments have rejected the move saying it's a breach of contracts which are set in euros or dollars.
German chancellor Olaf Scholz said he expects his country to be able to pay for Russian gas according to prior agreements,
a reaction echoed by other countries like France, Britain and the Czech Republic.