BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says

BRICS nations are contemplating adopting the petroyuan for oil commerce as a part of their ongoing dedollarization efforts, in accordance with financial knowledgeable Herbert Poenisch. He famous the BRICS group could focus on options to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s potential shift in direction of the petroyuan and Russia’s plans to scale back greenback reliance. Nevertheless, […]



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