India’s Reliance to buy Russian oil in roubles

In a bold move, India’s Reliance Industries has announced plans to buy Russian oil in roubles, bypassing the traditional US dollar payment system. This decision comes amidst escalating tensions between Russia and the West, as well as concerns about the stability of the dollar. The move is seen as a strategic shift by India to diversify its energy sources and reduce its reliance on Western currencies.

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