Russian oil major ditching dollar in trade

Sep 24th 2023 11:25am EDT

Gazprom Neft has switched to yuan and rubles in export settlements, the company’s head has revealed Russian oil producer Gazprom Neft, a subsidiary of energy giant Gazprom, has almost completely abandoned the US dollar and euro in crude trade with foreign partners and switched to national currencies, the company’s CEO Aleksandr Dyukov revealed this week. […]

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