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By Rhod Mackenzie

With the countries of Iran, Saudi Arabia and the United Arab Emirates joining the BRICS, the multilateral mechanism now includes the World's major global oil producers and importers. Analysts now predict that a wider adoption of local currencies will be used for its trade among B...

By Dmitry Migunov

Diesel fuel prices are breaking global records, at least when compared to oil prices. A similar situation is observed in several parts of the world at once. The reasons for the fuel crisis were high demand for diesel in China, as well as a ban on the supply of this oil product fr...