Russian oil companies actively use cryptocurrencies in oil trading

11:54 - 14.03.2025


March 14, Fineko/abc.az. Russian oil companies are actively using cryptocurrencies in oil trading with China and India to circumvent sanctions.

ABC.AZ reports that Bitcoin, ether, and USDT are used to convert yuans and rupees into rubles.

A similar scheme is already being used by other countries that are also under US sanctions.