Geo politics is going through major changes amid Trump’s tariff policies. In this context, now a secret strategy of India has come to light, after which Trump is sure to lose sleep. The interesting thing is that India has made this strategy in collaboration with one of its ‘enemies’. In fact, the bigoted Trump has recently announced that India will soon stop buying oil from Russia. After this, Russia’s response to this absurd comment of Trump has exposed the grand campaign of the 3 superpowers to the world.
Why is this bad news for Trump?
Paying in yuan is a direct alternative to a global system still dominated by the dollar. RIC (Russia, India, China) superpowers are jointly running a de-dollarization drive and this mega campaign is an indication that the dollar is certain to be gradually removed from the global oil trade. Replacing the dollar, which has ruled the world’s financial map for eight decades, is a distant dream, but by experimenting with local currencies, the rupee, the ruble and now the yuan, the BRICS countries are gradually creating an equivalent circuit for trade payments.
Why is the rupee lagging behind?
Now the question arises why not rupees? So let us tell you that Russian exporters have been against trade in rupee for a long time. These people consider the rupee as ‘trapped money’ and have claimed that billions of dollars are stuck in Indian banks, which are difficult to get back or exchange. Yuan has entered in these circumstances.
On one hand, the world is aware of the bitterness between China and India, hence Yuan was not an ideal option for India but on the other hand, Yuan is convertible, liquid and widely accepted in the trade network of Asia.
According to news agency Reuters, Indian government refineries have already paid for two to three Russian cargoes in yuan. At present, India’s yuan payment is a pilot project but it is a big experiment of BRICS to make global finance multipolar.
How big is India-Russia oil trade?
According to Reuters, India’s oil trade with Russia has increased tremendously after the war with Ukraine. Russian crude oil imports, which were earlier less than 1 percent, are now more than 17 lakh barrels per day and have reached about 35-40 percent of the total imports.
In September 2025, India bought Russian oil worth 2.5 billion euros, making it Moscow’s second-biggest buyer after China.
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These figures clearly show the importance of convenient payments between India and Russia. If the dollar’s path is blocked due to Trump’s ‘America First’ policies and sanctions, the yuan could become a convenient middle path. Even if this step is politically inconvenient due to bitter relations with China.
Apart from the de-dollarization drive, this step is also helpful for India in meeting the country’s oil needs without any hindrance.
Let us tell you that while replying to the claims of stopping oil purchases from Russia, MEA has made it clear that India’s import policies will be made completely keeping in mind the consumer interests and energy security of the country and not due to foreign pressure. Russia is also confident that their energy partnership with India will continue as it is ‘economically beneficial and practical’.