BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar

BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar

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Cracks are developing between the top three BRICS members India, China, and Russia over payment options for Russian crude oil. Leading oil refiners in Russia are demanding developing countries pay in the Chinese Yuan or the Russian Ruble only. While India recently paid the Chinese Yuan to procure…

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