Brics India Saves 7 Billion Ditching Us Dollar Oil Trade

Last updated: June 8, 2025, 23:13

Brics India Saves 7 Billion Ditching Us Dollar Oil Trade

The BRICS members China and

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

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

BRICS members India and Russia

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

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BRICS Nations Revolutionise Oil Trade with Local

BRICS

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

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

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

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

BRICS expansion could end US dollar dominance in oil

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

BRICS Member India Ditches US Dollar, Purchases