Oil imports
The world's largest oil exporter plans to replace the USD
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Saudi Arabia, the world's largest oil exporter, is open to using yuan in crude oil transactions instead of the USD.
Decoding the biggest risk of a customer buying Russian oil
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India, the largest buyer of Russian oil, is shifting to buying US oil.
Russia earns a lot of money from selling crude oil to India
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Russia has unprecedented cash in the treasury thanks to record crude oil sales of $37 billion to India last year.
Europe dominates Asia as largest oil importer of the US
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Europe has surpassed Asia to become the largest US oil importer for the first time in 6 years.