And with the reality of US inflation, and the US dollar being supported as the global reserve currency by its usage for oil pricing - petro dollar, what will OPEC do?
Especially with the Biden Administration giving the cold shoulder to anti Iranian Gulf States, including the Saudis.
I bet this India deal is only one part of an assault on the US Dollar by Russia and China.
China and Russia are setting up a settlement payment alternative. I wonder if India will join?
https://www.rt.com/russia/543258-moscow-china-create-independent-structure/
And with the reality of US inflation, and the US dollar being supported as the global reserve currency by its usage for oil pricing - petro dollar, what will OPEC do?
Especially with the Biden Administration giving the cold shoulder to anti Iranian Gulf States, including the Saudis.
It also helps defeat any possible us sanctions against Russian Oil.
Brilliant move by the Russians.
"The void". I like that. That's Zhou.