BRICS: Leading Oil Company Ditches US Dollar, Accepts Local Currency

BRICS: Leading Oil Company Ditches US Dollar, Accepts Local Currency

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BRICS is looking to topple the U.S. dollar global reserve status by controlling a major portion of the oil sector. In the first instance, Russia’s third-largest oil exporting firm ‘Gazprom Neft‘ announced that the company is ending its reliance on the U.S. dollar. The oil exporter will not be…

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