China

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

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

In what is an important

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

De-dollarisation on full throttle: BRICS members China

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: 2 Countries Settle Oil Trade in New Currency

BRICS is Shaping a Future Without the Dollar - brics

BRICS Settle 78% Oil Trade in Local Currencies, Ditch

BRICS expansion could end US dollar dominance in oil

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