India Pays for Russian Oil in Yuan, Roubles

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Oct 15, 2025 22:30

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India is paying for Russian oil mainly in roubles, but has started using Chinese yuan, according to Russia's Deputy PM Novak.
India Pays for Russian Oil in Yuan, Roubles
Photograph: Sergei Karpukhin/Reuters
Moscow, Oct 15 (PTI) India is mainly paying in roubles for Russian oil, but has started payments in the Chinese currency yuan, Russia's Deputy Prime Minister Alexander Novak said on Wednesday.

"I am aware that such payments have started. I believe the percentage is small at present because payments are largely made in roubles," Novak was quoted as saying by the state-run TASS news agency.


Russia is among the top suppliers of crude oil to India.

According to earlier reports, India was mainly making payments for Russian oil in Indian rupees. PTI VS


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