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Indian refiners have begun paying for Russian oil via Dubai traders in UAE dirhams

Indian refiners have begun paying for Russian oil via Dubai traders in UAE dirhams

by admin | Feb 4, 2023 | Forex

An interesting weekend item from Reuters about oil, but also about circumventing trade payments in the dominant USD – helping Russia to de-dollarise its economy.Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in...

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