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India Explores Non-Dollar Payment Options for Russian Oil Imports

Primul articol: 25 mar. 2026, 10:01 | Ultima actualizare: 25 mar. 2026, 10:01 | 1 sursa | 1 articol
#india#russia#oiltrade#dedollarization

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Faced with Western sanctions and the desire to maintain access to affordable energy, India is actively seeking alternatives to the US dollar for settling payments for Russian oil imports. Refiners are reportedly considering using currencies like the UAE dirham or the Russian ruble, along with mechanisms such as direct currency exchanges, to circumvent potential disruptions caused by dollar-based transactions. This shift reflects a broader trend of countries exploring de-dollarization strategies in international trade.

Articole despre acest subiect

India Refiners Tap Dollar Alternatives to Buy Russian Oil Foto: Bloomberg
Bloomberg English Saikat Das, Siddhi Nayak 25 mar. 2026, 10:01 (acum 1 zi)

India Refiners Tap Dollar Alternatives to Buy Russian Oil

Indian refiners are increasingly settling purchases of Russian oil in alternative currencies, according to people familiar with the matter, as they seek to reduce reliance on the dollar amid rising geopolitical tensions and shifts in US policy.

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