Russia Plans Return to US Dollar Settlement as Strategic Cooperation Talks Emerge

TLDR: Russia and US combined oil production could reach 22.6 million barrels daily, reshaping global markets  Moscow controls 44% of enriched uranium and 43% of palladium, critical for US industrial supply chains  Russia-China trade hit $245B in 2024, spurring Moscow to diversify away from yuan-heavy dependence  Russian reserves climbed to record $833B with over $400B [...]

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