Coal cargoes will arrive this month, followed by crude oil in May Russian coal and oil paid for in yuan is about to start flowing into China, Bloomberg reported on Thursday. According to the media outlet, citing Chinese consultancy Fenwei Energy Information Service, several Chinese firms used local currency to buy Russian coal in March, and the first cargoes will arrive this month. These will be the first commodity shipments paid for in yuan since the United States and Europe hit Moscow with unprecedented sanctions, cutting several Russian banks off from the international financial system. Traders said that Russia
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