China's mounting such a strong attack on the dollar's dominance that it's paying for almost all of its Russian oil imports in the yuan

Tech Insider : Economy
Putin/Xi
Chinese President Xi Jinping and Russian President Vladimir Putin.

PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

5 ways Russia's been sidestepping Western sanctions and keeping its economy alive, from switching to the Chinese yuan and dabbling in ghost trades

Tech Insider : Economy, Politics
Vladimir Putin smiles.
5 ways Russia's been sidestepping Western sanctions and keeping its economy alive, from switching to the Chinese yuan and dabbling in ghost trades.

Sasha Mordovets/Getty Images

Russia's central bank has $8 billion frozen in Switzerland, which is still deciding what to do with the funds

Tech Insider
Switzerland Swiss Flag

AP

Russia's oil exports climb to fresh highs despite threats to slash production

Tech Insider
vladimir putin

Vladimir Voronin / AP

Pakistan will do anything to get cheap oil as its economic crisis drags on — including paying for it in the Chinese yuan

Tech Insider : Economy
Supporters of Pakistan's ousted prime minister Imran Khan, take part in an anti-government demonstration to a protest against the inflation and fuel price hike in Karachi on June 3, 2022.
Pakistan will do anything to get cheap oil as its economic crisis drags on — including paying for it in the Chinese yuan.

Rizwan Tabassum/AFP/Getty Images

Russia's economy will be frozen for a long time as it relies more on China and 'yuanization,' think tank says

Tech Insider : Economy
Vladimir Putin
Russian President Vladimir Putin gives a speech during the Victory Day military parade at Red Square in central Moscow on May 9, 2023.

GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images

A fleet of aging tankers is transporting sanctioned oil around the globe — and it's becoming an insurance nightmare because nobody knows who owns them

Tech Insider : Politics
Oil tanker
A secretive fleet of aging tankers is transporting sanctioned oil globally — and nobody knows who to chase for insurance should they get into accidents.

Felix Cesare/Getty Images

Russia's tax hike on the oil and gas industry will be destructive to a key piece of its economy

Tech Insider : Economy
Vladimir Putin in a meeting
Russian President Vladimir Putin.

Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP

Russia says there's a problem with billions of rupees it has in India that need to be converted

Tech Insider : Economy
India Rupee Man
A worker at a fuel station checks a 500 Indian rupee note after filing a vehicle with fuel in Kolkata February 3, 2011.

REUTERS/Rupak De Chowdhuri

Russia and India reportedly halt talks over using rupees for trade, with Moscow preferring to be paid in Chinese yuan

Tech Insider
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.

Dhiraj Singh/Bloomberg

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