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Last updated: June 17, 2025, 18:30  |  Written by: Barry Silbert

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Russia Will Supply Millions Of

In what is an important development for the BRICS bloc, Russia and China’s oil sales are up 26%, all without the use of US dollars. Indeed, the oil trade between

BRICS: 2 Countries Settle Oil Trade in New Currency

Russia will supply millions of barrels of oil to China. Payment will be settled entirely in the new BRICS currency, reportedly backed by a basket of gold, commodities, and

BRICS Settle 78% Oil Trade in Local Currencies, Ditch

De-dollarisation on full throttle: BRICS members China

BRICS expansion could end US dollar dominance in oil

BRICS: Russia and China Oil Sales Up 26% Without US Dollar

China and Russia’s New Oil Trade Deal: A Big Win for the BRICS

Can the BRICS Challenge the Dollar Hegemony?: The Rise and Fall

China

BRICS is Shaping a Future Without the Dollar - brics

China, the world’s largest energy importer, and Russia, the leading energy exporter, are mobilizing within BRICS to advance “yuan oil futures”, thereby challenging the

Barry Silbert can be reached at [email protected].

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