GeneralNeutralCrypto Briefing · 4h ago7/10
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Indian refiners pay for Iranian oil in yuan under US waiver expiring 2026
Indian oil refiners are settling Iranian crude purchases in Chinese yuan under a US sanctions waiver set to expire in 2026, signaling a shift toward alternative payment mechanisms that bypass dollar-denominated trade. This development reflects broader dedollarization trends and could reshape energy markets and geopolitical alignments once the waiver expires.
