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Iran advances de-dollarization among BRICS members to counter US dominance

As a new addition to the BRICS group of nations, Iran has been promoting an ambitious campaign within the alliance to counter US influence over global markets and alleviate the impacts of American sanctions on its own economy.

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin (2L) meets with Iran's conservative Parliament Speaker Mohammad Bagher Ghalibaf (2R) on the sidelines of a BRICS (the bloc that includes Brazil, Russia, India, China and South Africa) parliamentary forum in Saint Petersburg on July 11, 2024.
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin (2L) meets with Iran's conservative Parliament Speaker Mohammad Bagher Ghalibaf (2R) on the sidelines of a BRICS (the bloc that includes Brazil, Russia, India, China and South Africa) parliamentary forum in Saint Petersburg on July 11, 2024. — VALERY SHARIFULIN/POOL/AFP via Getty Images

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