According to multiple oil trading and banking sources, India's oil deals with Russia during the Ukraine War dented decades-old dollar dominance.
US-Ied international sanctions on Russia have begun to erode the dollar's decades-old dominance of international oil trade as most deals with India - Russia's top outlet for seaborne crude - have been settled in other currencies.
The dollar's pre-eminence has periodically been called into question and yet it has continued because of the overwhelm...
