BRICS: Russia’s Crude Oil Exports Continue to Plunge Ahead of Summit

BRICS: Russia’s Crude Oil Exports Continue to Plunge Ahead of Summit

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Russia bypassed the U.S. sanctions by selling crude oil at a discounted rate to Saudi Arabia and China. The BRICS member Russia settled the crude oil deal by paying the Chinese Yuan and not the U.S. dollar. Countries around the world are barred from doing business with Russia due to its role in…

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