The Expiry of US-Saudi Petrodollar Pact and Its Impact on Global Fuel Prices
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#7a21bb5d ver:0.64
The expiration of the US-Saudi petrodollar pact could lead to a decrease in global demand for the US dollar and lower fuel prices. Saudi Arabia's ability to sell oil in multiple currencies may impact the value of the dollar and make imports more expensive for countries reliant on it. The rise of alternative currencies like the yuan and euro could challenge the dollar's dominance in the global financial system. #Petrodollar #FuelPrices #GlobalCurrencyShift...
#newstr #UssaudiPetrodollarPact #FuelPrices #Tanzania #Euro #GlobalFinancialMarkets #ReserveCurrency
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