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.

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  News & Politics

[Truthseeker VI]

If India was not a powerful nation lets say like Iraq they would have had about 2 warnings from USA and if they did not accept the warnings then India would have been accused of building a nuclear weapon and then invasion stages would have began look open your eyes the only nations USA has attacked and invaded are the nations without nuclear power.

[Lukie2131]

America is ran by Zionist Jews who worship Satan and who read the CABAL! The media is ran by Zionist cooperation! Our GOVT is ran by the Jewish Federal reserve The Chairman is a Jew Ben Shalom Bernakie. They also have the biggest and most powerful Lobby in the U.S which is AIPAC! why when any politician or media member cirtal size Israel they get fired? They have a star on there flag it isn't for David if it was it would be a Manourah it's a 6 point star for Satan and a Synagogue!

[crissangelic85]

this puts a smile on my face....back the @#$% up u.s.a..lol

[Simpsonwannabe]

India isn't a powerful nation, yet. It just has nuclear weapons.

[AchillesSpear22]

india already has nuclear weapons

[A Naked Eye Athiest]

And, using derogatory vocabulary is a sign of intellectual weakness. Its a monopoly of Pakistanis. So, stop using the language and try and be on facts.

I can write down some 100 things for which Iran and India are mutually dependent. So, I welcome you also to try and get on with supporting Iran.

[A Naked Eye Athiest]

1. The cultural relationship I mentioned includes the invasions as well.

2. Indian Kings (Bappa Rawal, Ranjith Singh...) invaded Iran.

3. In recent times(may be from 800 years, Persians/Iranians started invasions towards India. Before that, Indian Kings used to invade Iran, Iraq.

4. At present, Iran is our only gate to Afghanistan and Baluchistan(which is lifeline to control Pak).

5. Without Iranian oil, our economy would collapse.

6. Iranians are the only country left to counter Arabs...

[alokraja1]

dumass iranians have invaded india and you say that they have cultural similarities?? bastard

[jezus22]

my favourite parts... "...and the accumulated arrogance and self delusion.", "Oh, and the Jews." :)

[A Naked Eye Athiest]

India will continue to buy Iranian oil PERIOD.

India will buy it with gold instead of dollar PERIOD.

If anyone has problems, they can teach US a lesson.

Iran and India share more than 2000 years of cultural relationship which the countries/civilizations of not more than 1000 years cant understand.

[Jason J]

India runs the US? Really bro, you guys can't even manage to get toilets for all of you people. Don't make the world laugh at you any more than what we already do.

[Pankaj kaintura]

India has never been a US alley. India has become so powerful that it actually runs US economy indirectly so US can't do anything even if India continues to buy Iran oil. US & India can never become allies as we can't trust US, they always threatened us for Pakistan & even they tried to attack us in 1971, but coz of USSR, they ran away,