NEW DELHI: Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the US dollar to insulate itself from the effects of Western sanctions. Russia has been hit by a slew of sanctions from the United States and its allies over its invasion of Ukraine in late February,
Russian oil major Rosneft is pushing crude through trading firms including Everest Energy and Coral Energy into India, now its second biggest oil buyer after China. Moscow replaced Saudi Arabia as the second biggest oil supplier to India after Iraq for the second month in a row in June.
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Topping the world with diplomacy and deterrence. the u.s. has delivered a formal written response to russia s security demands regarding ukraine. the document is confidential. he only describes it as a quote, serious diplomatic path forward should russia choose it. sources tell cnn that a handful of allies are committed to deploying thousands more troops to eastern european countries like romaine i can t, bulgaria and hungary. is there any reaction yet from moscow? reporter: the only reaction so far has been that they acknowledge that they have received this written document. we don t know whether they ve read it yet. what the response is to it yet. we did hear earlier on in the day from the russian foreign minister sergi lavrov that he