UAE, India finalize oil trade with rupees instead of dollar

India and the United Arab Emirates (UAE) have executed their first-ever oil trade using India’s rupee instead of the US dollar. This groundbreaking agreement reflects both countries’ commitment to abandon the dollar in bilateral transactions, marking a pivotal moment in the global financial landscape. This article delves into the details of this historic oil deal […] source: https://www.cryptopolitan.com/uae-india-oil-trade-with-rupees-not-dollar/