India settles Iranian oil trades in yuan - why the shift to Chinese currency? Ankit Agrawal Study IQ
Clear UPSC with StudyIQ’s Courses : https://studyiq.u9ilnk.me/d/ANKITLIVE Call Us for UPSC Counselling- 09240023293 / 76-4000-3000 Use code ‘ANKITLIVE ‘' to get Highest Discount UPSC IAS Live GS P2I Foundation 2027 Pratigya April Morning Batch Batch Starting on 27th April 2026| Daily Live Classes at 8:00 AM Hurry Enroll Now : https://studyiq.u9ilnk.me/d/ANKITLIVE UPSC IAS Live SIP 2026 Crash Course March Evening Batch Batch Just Started | Daily Live Classes at 6:00 PM Hurry Enroll Now : https://studyiq.u9ilnk.me/d/sgHHjJEyUD UPSC IAS Live GS P2I Foundation 2028 Nirmaan April Morning Batch Batch Starting on 27th April 2026| Daily Live Classes at 8:00 AM Hurry Enroll Now : https://studyiq.u9ilnk.me/d/23H7kxNScN UPSC IAS (Mains) Mathematics Optional Live 2027-28 (Comprehensive) April Batch By Ankit Tiwari Batch Starting on 22nd April 2026 | Class Timing -12:00 PM To know more visit : https://studyiq.u9ilnk.me/d/8iDnHkktuj Download our App for Dedicated UPSC Materials & Support - https://bit.ly/StudyiqApp India settles Iranian oil trades in yuan - why the shift to Chinese currency? Ankit Agrawal Study IQ India settles Iranian oil trades in Yuan, marking a massive shift in global energy politics. For the first time in seven years, Indian refiners like IOC and Reliance are bypassing the US Dollar to settle oil trades using the Chinese currency. In this explainer, Ankit Agrawal from StudyIQ IAS deep dives into why New Delhi chose the Yuan over the Rupee or Dollar for these rare shipments. As the 30-day US sanctions waiver expires, the move reveals the desperate measures taken to secure energy during the 2026 Middle East crisis and the Strait of Hormuz blockade. What you will learn: Why ICICI Bank's Shanghai branch became the hub for this trade. The "95% Payment" rule: Why India paid before the oil even landed. The impact of de-dollarization on the Indian economy and US relations. Geopolitical analysis for studyiq current affairs and UPSC IR. With the US Treasury threatening secondary sanctions, India’s "Strategic Autonomy" is being tested like never before. Is this a temporary fix or a permanent shift away from the Petrodollar? Stay tuned to studyiqias for the full breakdown. Subscribe for daily insights into India's global strategy! UPSC IAS Live GS P2I Foundation 2027 Pratigya April Morning Hindi Batch बैच की शुरुआत 27 अप्रैल 2026 से होगी। बैच का समय सुबह 8:00 बजे Hurry Enroll Now : https://studyiq.u9ilnk.me/d/y26BM6FdXx UPSC IAS Live GS P2I Foundation 2027 Resolution April Morning English Batch Batch Starting on 27th April 2026| Daily Live Classes at 8:00 AM Hurry Enroll Now : https://studyiq.u9ilnk.me/d/vbySzm8PtV UPSC IAS Prelims to Interview (P2I) Advanced 2026 August Batch Hurry Enroll Now :https://studyiq.u9ilnk.me/d/jtpfPhTnkD Features of UPSC P2I Batches 1000+ hours Live Classes Success in Prelims program Mains Residential Program Interview Guidance Program One to One Mentorship Answer Writing Program Current Affairs Program Handwritten Notes Prelims and Mains Test series and much more….. IB ACIO Tier II Exam Course https://studyiq.u9ilnk.me/d/iybAESl7ew UPSC IAS (Mains) LIVE Optional Batches : https://studyiq.u9ilnk.me/d/yDin8XnLj2 Skill Courses:- Stock Market Simplified - https://studyiq.u9ilnk.me/d/W82tVKFQsS Spoken English - https://studyiq.u9ilnk.me/d/FeqhStko7m For UPSC IAS Offline Classes Please Call : 9459-456-945 For offline queries - http://bit.ly/3TYVzqF State PSC Live Foundation Batches : https://studyiq.u9ilnk.me/d/go1f3YPhfx Buy our Best Selling UPSC CSE Books From Online Stores: https://studyiq.u9ilnk.me/d/d3294c7zR6 Read all Information Rich Blogs & Articles here - https://www.studyiq.com/articles/ 📌 Connect with [Our Social Media Platform] : ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Join our Telegram Group:- https://t.me/Studyiqeducation Whatsapp Channel - https://bit.ly/3M1i8Ya Facebook: https://bit.ly/3PZTJDo Instagram: https://bit.ly/48RZNGO Twitter: https://bit.ly/48On8t7 Download our App for Dedicated UPSC Materials & Support - https://studyiq.u9ilnk.me/d/0F2B0SRKni For any doubt, Call 76-4000-3000 or Click here for Whatsapp Chat http://wa.me/919649876464 #indiaoilcrisis #iranwar #chineseyuan #indianeconomy #iranchina #dedollarization #geopolitics #petrodollar #usiranconflict #oiltrade #worldaffairs #breakingnewsindia #energysecurity #iranrussia #donaldtrump #trump #indiairan #tradedeal #worldaffairs #studyiq #studyiqias #studyiqcurrentaffairs #ankitagrawal #ankitsir #ankitsircurrentaffairs

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