Pakistan receives discounted Russian oil payment in Chinese yuan.
TL;DR Summary
Pakistan has welcomed the arrival of the first shipment of discounted crude oil from Russia, which is expected to help ease the country's economic crisis. Talks between the two countries began in February 2022, and the deal was signed despite the start of Russia's invasion of Ukraine. The Pakistani government hopes that importing one-third of its crude oil from Russia will lead to lower prices at the pump and help revive the country's economy. No details were revealed about how the payments are being made.
- Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia Yahoo Finance
- Exclusive: Pakistan paid in Chinese currency for discounted Russian oil- minister Reuters
- Pakistan uses Chinese yuan to buy cut-price oil from Russia South China Morning Post
- Pakistan gets first shipment of Russian crude under discount deal Al Jazeera English
- NATO Begins Unprecedented Air Drill In 'Show Of Strength' Radio Free Europe / Radio Liberty
Reading Insights
Total Reads
0
Unique Readers
9
Time Saved
2 min
vs 2 min read
Condensed
79%
397 → 85 words
Want the full story? Read the original article
Read on Yahoo Finance