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The UAE is approaching China, Russia, India, and Egypt, among other nations to pay local currencies for oil settlement and sideline the U.S. dollar. Read here to know how many sectors India Makes Landmark Oil Deal With UAE in Rupees, Ditching US Dollar. For much of 2025, the BRICS economic alliance has sought to increase its global advance. It reported that a BRICS member country, the UAE, is seeking new oil deals that could have massive implications on the US dollar. Indeed, the report noted that the The UAE became a Faith Nyasuguta Following the landmark BRICS expansion, India has ditched the US dollar in what is a historic oil deal with the United Arab Following the BRICS expansion, India has once again ditched the US dollar in a historic oil deal with the UAE. Specifically, Yahoo reported that India has purchased 1 India and UAE agreed on a landmark 1 million barrel oil deal conducted entirely in Indian rupees, ditching the US dollar. This oil deal followed another major transaction between the countries - Following the landmark BRICS expansion, India has ditched the US dollar in what is a historic oil deal with the United Arab Emirates (UAE). In fact, India has purchased 1 million barrels of oil 19 de sept. de 2025 Following the BRICS bloc’s six-country expansion, India and the United Arab Emirates (UAE) have continued ditching the US dollar in a landmark deal. Specifically

BRICS India & UAE Continue Ditching USD in Landmark Oil Deal: A Sign of Things to Come?

For much of 2025, the BRICS economic alliance has sought to increase its global advance. Following the BRICS expansion, India and the United Arab Emirates (UAE) have continued ditching the US dollar in a landmark deal, signaling a potential shift in global economic power. Specifically, Yahoo reported that India has purchased 1 million barrels of oil from the UAE using Indian rupees.

India Makes Landmark Oil Deal With UAE in Rupees, Ditching US Dollar

Read here to know how many sectors India is affected. This move represents a significant departure from traditional oil trade practices, which have historically relied heavily on the U.S. dollar. India and UAE agreed on a landmark 1 million barrel oil deal conducted entirely in Indian rupees, ditching the US dollar. This oil deal followed another major transaction between the countries. Following the landmark BRICS expansion, India has ditched the US dollar in what is a historic oil deal with the United Arab Emirates (UAE). In fact, India has purchased 1 million barrels of oil.

UAE Looks Beyond the Dollar: BRICS Influence Grows

The UAE is approaching China, Russia, India, and Egypt, among other nations to pay local currencies for oil settlement and sideline the U.S. dollar. The UAE became a Faith Nyasugtha Following the landmark BRICS expansion, India has ditched the US dollar in what is a historic oil deal with the United Arab Emirates. Indeed, the report noted that a BRICS member country, the UAE, is seeking new oil deals that could have massive implications on the US dollar.

Why is this Oil Deal Significant?

This deal is more than just a transaction; it represents a growing trend within the BRICS nations to reduce reliance on the USD and promote the use of local currencies in international trade. 19 de sept. de 2025 Following the BRICS bloc’s six-country expansion, India and the United Arab Emirates (UAE) have continued ditching the US dollar in a landmark deal.

What's Next for BRICS and the USD?

The long-term implications of this shift remain to be seen, but the increasing momentum within the BRICS alliance suggests that the trend of de-dollarization could continue to accelerate. This development warrants close attention as it could reshape the global financial landscape.

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