Post Tagged with: "oil payments"

Source: Reuters

Western sanctions delay payments for Russia’s oil exports

Oil Price


Russia is seeing months of delays in payments for its oil exports as banks in its major trader partners, including China, the UAE, and Turkey, are now scrutinizing transactions wary of the tighter U.S. sanctions, numerous unnamed sources …

Source: Reuters

Exclusive: Russia seeking oil payments from India in dirhams

Yahoo


NEW DELHI – Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the U.S. dollar to insulate itself from the …