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India to buy Iranian Oil with Gold Payments

Kal Gronvall
9:19 AM (1 hour ago)

to bcc: me

In order to bypass the US and EU sanctions on Iranian oil, India intends to buy oil from Iran with gold. In addition, China, Russian and other nations will use their own currencies to buy oil from Iran, abandoning the dollar in the process. The death of the dollar as the reserve world currency is in the works.

India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned

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