Petro-yuan helps Russia & China dump US dollar in oil trade

China is the world's biggest crude consumer and buys most of its oil from Russia. However, most settlements are still in US dollars. The launch of the petro-yuan now allows Moscow and Beijing to use national currencies instead. Read Full Article at RT.com source: https://www.rt.com/business/422472-russia-china-petro-yuan/?utm_source=rss&utm_medium=rss&utm_campaign=RSS #Headlines by: RT

Original Post: https://www.rt.com/business/422472-russia-china-petro-yuan/?utm_source=rss&utm_medium=rss&utm_campaign=RSS