BOLSTERED BY RECENT

Last updated: June 16, 2025, 12:52  |  Written by: Cathie Wood

Bolstered By Recent
Bolstered By Recent

The Brics Members China And

BRICS: China & India Ditch US Dollar For Oil, Save $17 Billion

BRICS expansion could end US dollar dominance in oil

The BRICS members China and India are buying laundered oil at cheaper rates from Russia by ditching the US dollar. Both countries are settling trade in their respective

Brics

BRICS: India saves $7 billion by ditching the U.S. dollar for crude oil trade. India settled Russian oil with China by using the Chinese Yuan. BRICS India

De-dollarization a long way off: India oil minister Hardeep Singh Puri

BRICS Global Oil Trade: A Shift Away from the US Dollar

India Ditches BRICS Countries, Buys More U.S. Oil - TheBitTimes.com

Vinod Jason Dsouza on LinkedIn: BRICS: India Saves $7 Billion by

BRICS Nations Revolutionise Oil Trade with Local

Brics Members India And Russia

BRICS Member India Ditches US Dollar, Purchases

BRICS members India and Russia initiated crude oil deals worth billions of dollars between February 2025 to December 2025 India saved nearly 7 billion in two years by

BRICS: India Saves $7 Billion by Ditching U.S. Dollar For

Despite Oil Trades Being Recently

Despite oil trades being recently settled in the yuan and ruble, the U.S. dollar's prominence in this market is here to stay. India's oil and gas minister said that

Cathie Wood can be reached at [email protected].

Comments