The article discusses the Kremlin's potential shift back toward the use of the dollar, revealing a strategy that could redefine Russia's economic alliances. According to a high-priority memo obtained by Bloomberg, Russia has proposed specific measures for broad economic cooperation with the Trump administration, particularly in the context of ending the war in Ukraine. The memo outlines seven key points where, according to the Kremlin, Russian and U.S. economic interests might converge, emphasizing the need for energy collaboration amidst increasing competition for greener alternatives.

Central to this dialogue is the idea of Russia re-entering the dollar settlement system, which would represent a significant reversal of Kremlin policy. This prospective realignment could facilitate shared investments in vital sectors such as natural gas, offshore oil, and critical raw materials. Moreover, it hints at substantial profits for American companies, showcasing a potential economic win for both powers if they can navigate their current geopolitical strains.

However, this move raises questions about Russia's long-term economic strategy, especially in its relationship with China, which has been a key partner amidst Western sanctions. The implications of such a shift could lead to strategic consequences, and whether Putin would indeed