Petrodollar loses another customer as India agrees to buy oil from Iran in Rupees

Petrodollar loses another customer as India agrees to buy oil from Iran in Rupees

2018 is quickly becoming the year that the Petrodollar likely ends, or at least loses more than half of its customers as on May 30, another tandem of nations have agreed to conduct oil purchases in a different currency.

Iran and India will soon conduct oil transactions in Rupees according to Iranian officials.

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