https://www.thehindubusinessline.com/economy/russia-payment-crisis-oil-psus-cant-trade-in-yuan-and-rupee-not-acceptable/article67076766.ece
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7/13/23 at 4:49pm
Organization
BusinessLine
Author
Amiti Sen
India's oil PSUs face payment crisis with Russia as Urals grade oil breaches $60/bbl price cap. Govt unwilling to use Chinese yuan for payments. Private sector can use yuan, but accessing currency from international market may be difficult. UAE dirham payment…
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