The Impact of Saudi Arabia's Decision to End the US Oil Deal on the Petrodollar System and Global Dominance of the US Dollar
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#7a21bb5d ver:0.72

Saudi Arabia's decision to end the US oil deal and diversify currencies used in selling oil marks a small step towards de-dollarization. The petrodollar system's expiration could weaken the US dollar's global dominance, impacting the financial system. Saudi Arabia's move aligns with its strategy to expand international relations beyond the US and Europe. The rise of alternative currencies like the yuan poses a challenge to western dominance. Russia and China's coordinated moves accelerate the de-dollarization process. A gradual democratization of the global financial landscape may be underway. #Petrodollar #DeDollarization #GlobalFinance...

#newstr #SaudiArabia #UsOilDeal #PetrodollarSystem #GlobalDominance #UsDollar #Dedollarization #Brics 

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