One Of The World’s Largest Oil Companies Just Ditched The Dollar — Tsvetana Paraskova

Russia’s largest oil company Rosneft has already completed the switch away from the U.S. dollar to euros in its export contracts to minimize risks from potential new U.S. sanctions, Rosneft’s chief executive Igor Sechin said on Thursday....

Russia is looking at ways to settle its energy transactions in euros and/or rubles in order to avoid dealing with dollars, Russian Economy Minister Maxim Oreshkin told the Financial Times in an interview earlier this month.

Oilprice
One Of The World’s Largest Oil Companies Just Ditched The Dollar
Tsvetana Paraskova