...
...

India-Russia oil deals 'dent' dollar dominance report

Published on Mar 08, 2023 09:42 pm IST

Western sanctions on Russia have begun to hit the dollar's years-old dominance of international oil trade. This as Russia's oil deals with India are being settled in other currencies. Analysts say, India's oil trade, despite western sanctions on Russia, provides the strongest evidence so far of a shift into other currencies. Oil trade between India and Russia has grown after Europe shunned Moscow's supplies since the Ukraine war. Watch this video for details.

RELATED VIDEOS

Houthi drones strike deep into Saudi Arabia once again, Najran airport hit

Houthi drones strike deep into Saudi Arabia once again, Najran airport hit
Published on Aug 05, 2026 02:08 am IST

Gulf bases on alert: Did something go horribly wrong during Iranian project?

Gulf bases on alert: Did something go horribly wrong during Iranian project?
Published on Aug 05, 2026 02:06 am IST

Trump's top diplomat claims Hormuz talks progress: Is a deal expected soon or…?

Trumps top diplomat claims Hormuz talks progress: Is a deal expected soon or…?
Published on Aug 05, 2026 02:03 am IST

Mystery attack jolts Indian vessel near Yemen: 13 Indian crew members rescued

Mystery attack jolts Indian vessel near Yemen: 13 Indian crew members rescued
Published on Aug 05, 2026 01:54 am IST

LIVE interview that exposed full-blown power struggle inside Israel’s leadership

LIVE interview that exposed full-blown power struggle inside Israel’s leadership
Published on Aug 04, 2026 12:15 am IST

Iran’s deadliest missiles got upgraded? List of weapons that can reach Europe

Iran’s deadliest missiles got upgraded? List of weapons that can reach Europe
Published on Aug 04, 2026 12:13 am IST