Core Viewpoint - Russian oil traders are now requesting Indian state-owned refineries to make payments in RMB, reflecting improved Sino-Indian relations and a desire to simplify transactions [1] Group 1: Payment Methods and Trade Dynamics - Indian Oil Corporation has recently made payments in RMB for two to three batches of Russian oil [1] - Previously, Russian oil traders allowed payments in RMB, Dirhams, and USD, but now they are seeking direct RMB payments to streamline the process [1] - The pricing of Russian oil is still based on USD to comply with EU price caps, but traders are looking for equivalent payments in RMB [1] Group 2: Impact of Geopolitical Events - The ongoing Russia-Ukraine conflict and subsequent Western sanctions have accelerated Russia's de-dollarization efforts, leading to increased use of alternative currencies like RMB and Dirhams in oil trade [1] - India has become the largest importer of discounted Russian seaborne oil, with Russia now accounting for approximately 35% of India's total oil supply, up from less than 1% previously [5] Group 3: U.S. Pressure on India - The Trump administration has pressured India to halt its purchases of Russian oil, imposing a 25% additional tariff on Indian goods as a punitive measure [5] - Indian officials have stated that they will continue to purchase oil from Russia unless the U.S. can provide equivalent pricing alternatives [6] - The Indian government has criticized the hypocrisy of Western nations regarding oil purchases, emphasizing that energy security is a critical issue for India [6]
“俄石油贸易商已开始要求印度买家:用人民币支付”
Sou Hu Cai Jing·2025-10-08 05:01