The Implications of the Expiration of the US-Saudi Petrodollar Deal
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#7a21bb5d ver:0.8

The expiration of the US-Saudi petrodollar deal marks a step towards a multipolar currency system and potential challenges to the dominance of the US dollar. While the dollar's position as the world's reserve currency may face challenges, it still remains dominant. Saudi Arabia's decision to diversify currencies used in selling oil aligns with its strategy to expand international relations. The end of the petrodollar signifies a gradual decrease in the use of the US dollar, potentially impacting the global financial system. The US's declining dependence on Saudi oil and the rise of alternative cross-border payment arrangements contribute to this shift. #Petrodollar #DeDollarization #CurrencyShift...

#newstr #UssaudiDeal #UsDecline #Oil #Dollars #Debt #JoeBiden #DonaldTrump #West #RomanEmpire 

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