USA attempted to cut off Russian oil sold to China by threatening to impose sanctions on China if China does not comply. China just showed the USA its middle finger. After all, sanctions are becoming a moot point if decoupling is already the mindset of the Chinese. All that the Chinese have to do is sell less and less to the USA and more and more to the Global South.
The Indians were also threatened from buying Russian oil and being caught with testicles entangled in seaweed. To add insult to injury, the Indians are now being told to buy USA oil stolen from Venezuela. The Indians were initially being warned to get permission to buy oil from Russia, for just one month only. With no bargaining chip, I think India will have to comply.
But let us wait and see, as the USA is not going to accept rupees for sure. So, with what is India going to pay for Venezuelan oil? That tells us that instead of following the de-dollarization agenda of BRICS, India is doing the exact opposite - helping to support the US$ hegemony.
Anonymous
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