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India started paying for Russian oil in Chinese currency, but percentage still small: Deputy PM"I am aware that such payments have started. I believe the percentage is small at present because payments are largely made in roubles," Novak was quoted as saying by the state-run TASS news agency.
PTI
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<div class="paragraphs"><p>Representative image for oil.&nbsp;</p></div>

Representative image for oil. 

Credit: Reuters Photo

Moscow: India is mainly paying in roubles for Russian oil, but has started payments in the Chinese currency yuan, Russia's Deputy Prime Minister Alexander Novak said on Wednesday.

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"I am aware that such payments have started. I believe the percentage is small at present because payments are largely made in roubles," Novak was quoted as saying by the state-run TASS news agency.

Russia is among the top suppliers of crude oil to India.

According to earlier reports, India was mainly making payments for Russian oil in Indian rupees.

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(Published 15 October 2025, 23:50 IST)