World News@lemmy.worldEnglish · 16 days ago

Exclusive: Indian refiners pay for Iran oil in yuan via ICICI Bank, sources say

www.reuters.com

cross-posted to:
globalnews@lemmy.zip

Exclusive: Indian refiners pay for Iran oil in yuan via ICICI Bank, sources say

www.reuters.com

schizoidman@lemmy.zip to

World News@lemmy.worldEnglish · 16 days ago

cross-posted to:
globalnews@lemmy.zip

reuters.com

www.reuters.com

Indian refiners have also used China’s currency to settle some of their Russian oil purchases.

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16 days ago
India buying oil with Yuan.

UAE threatening a switch to Yuan.

The bricks are starting to fall, and it’s not going to be a graceful collapse.

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