{"id":4234,"date":"2024-06-14T00:24:50","date_gmt":"2024-06-14T00:24:50","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=4234"},"modified":"2024-06-14T00:24:50","modified_gmt":"2024-06-14T00:24:50","slug":"russia-seeking-oil-payments-from-india-indirhams","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/russia-seeking-oil-payments-from-india-indirhams\/","title":{"rendered":"Russia seeking oil payments from India in\ndirhams"},"content":{"rendered":"<p>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 effects of Western sanctions.<\/p>\n<p>Russian oil major Rosneft is pushing crude through trading firms including Everest Energy and Coral Energy into India, now its second biggest oil buyer after China.<\/p>\n<p>Western sanctions have prompted many oil importers to shun Moscow, pushing spot prices for Russian crude to record <a href=\"https:\/\/exam.pscnotes.com\/discounts\">Discounts<\/a> against other grades.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 effects of Western sanctions. Russian oil major Rosneft is pushing crude through trading firms including Everest Energy and Coral &#8230; <a title=\"Russia seeking oil payments from India in\ndirhams\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/russia-seeking-oil-payments-from-india-indirhams\/\" aria-label=\"Read more about Russia seeking oil payments from India in\ndirhams\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[1041],"class_list":["post-4234","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-28-09-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Russia seeking oil payments from India in dirhams - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/russia-seeking-oil-payments-from-india-indirhams\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia seeking oil payments from India in dirhams\" \/>\n<meta property=\"og:description\" content=\"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 effects of Western sanctions. Russian oil major Rosneft is pushing crude through trading firms including Everest Energy and Coral ... 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Russian oil major Rosneft is pushing crude through trading firms including Everest Energy and Coral ... 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