{"id":591102,"date":"2023-07-15T10:08:03","date_gmt":"2023-07-15T04:38:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=591102"},"modified":"2023-07-15T10:43:09","modified_gmt":"2023-07-15T05:13:09","slug":"indian-refiners-used-chinese-yuan-to-pay-for-some-russian-oil-imports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-refiners-used-chinese-yuan-to-pay-for-some-russian-oil-imports\/","title":{"rendered":"Indian refiners used Chinese yuan to pay for some Russian oil imports"},"content":{"rendered":"<p>NEW DELHI (Reuters) -Indian refiners have settled some payments for Russian oil imports in Chinese yuan, but the U.S. dollar remains the dominant currency for such payments, a senior government official said.<\/p>\n<p>India became one of the biggest buyers of Russian crude after Western sanctions imposed on Moscow over the Ukraine war dragged down prices, but the South Asian country has been on the lookout for alternatives to the dollar for settling payments.<\/p>\n<p>Reuters reported earlier this month that Indian refiners have started turning to the yuan for some payments for Russian oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI (Reuters) -Indian refiners have settled some payments for Russian oil imports in Chinese yuan, but the U.S. dollar remains the dominant currency for such payments, a senior government official said. India became one of the biggest buyers of Russian crude after Western sanctions imposed on Moscow over the Ukraine war dragged down prices, but the South Asian country has been on the lookout for alternatives to the dollar for settling payments. Reuters reported earlier this month that Indian refiners have started turning to the yuan for some payments for Russian oil.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-591102","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/591102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=591102"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/591102\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=591102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=591102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=591102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}