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M Na
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Comments by "M Na" (@mna7308) on "India Resists Yuan Payments for Russian Oil | Vantage with Palki Sharma" video.
India can use dollar which devalues their currencies or use alternative yuan, many other countries have started the proces, cheap oil in yuan and not in dollar
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@iqbalbhq6884 China has cow beef also😂😂
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@humbleindian6303 you really think India has gold in sufficient amount 😂😂, where do you think india buys gold?? And dollar is much more higher in value right now to convert from rupie so that it can be used to buy gold😂
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@akp2082 obviously, it has trade deficit with china😂😂
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@Apache1970 and India buys russiaoil in yuan hence sellers choice
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@Apache1970 also Russia said it wouldn't take dollar or euro because they are sanctioned & those who need oil has to buy in yuan because china sells more essential products to Russia
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@Apache1970 unless the alternative energy is in abundance, oil is the only large scale energy producer for factories, home& locomotives all over the world
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@Apache1970 alternative energy source are not in large scale, they are found here & there in small scale, India is a oil consumer& it has more demand for oil than supply, so oil is sellers market
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@pritsingh9766 all those refined oil come from Russia & other countries oil costs more than Russia, so to prevent inflation need to co operate with Russia not the west which causes inflation deliberately to other countries printing dolla
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@Apache1970 every country uses dollars to buy oil, therefore it's the sellers choice, Venezuela &Iran also sanctioned from using dollar, you have research it before answering
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