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India abandons US dollar to purchase Iranian oil

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godsfool713

godsfool713

http://republicbroadcasting.org/?p=19070


India abandons US dollar to purchase Iranian oil







Every year India spends $12 billion on purchasing oil from Iran, but now
it is using gold instead of dollars. India might not be alone; China has
suggested it would jump on board with India. New Delhi and Beijing
account for 40 percent of the Iranian oil exports. Priya Sridhar gives
us her report

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