http://republicbroadcasting.org/?p=19070
India abandons US dollar to purchase Iranian oil
Every year India spends $12 billion on purchasing oil from Iran, but now
it is using gold instead of dollars. India might not be alone; China has
suggested it would jump on board with India. New Delhi and Beijing
account for 40 percent of the Iranian oil exports. Priya Sridhar gives
us her report
India abandons US dollar to purchase Iranian oil
Every year India spends $12 billion on purchasing oil from Iran, but now
it is using gold instead of dollars. India might not be alone; China has
suggested it would jump on board with India. New Delhi and Beijing
account for 40 percent of the Iranian oil exports. Priya Sridhar gives
us her report