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 Saudi Arabia Ends 50-Year Petrodollar Deal with US: Implications for Global Economics and Currency Dominance
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#7a21bb5d ver:0.52

Saudi Arabia ends 50-year petrodollar deal with the US, selling oil in multiple currencies instead of exclusively in US dollars. This shift could weaken the US dollar's global dominance as the world's reserve currency, with implications for inflation, interest rates, and the bond market. #SaudiArabia #USdollar #globalfinance #currencydominance...

#newstr #SaudiArabia #Petrodollar #UsDollar #GlobalEconomics #CurrencyDominance #InternationalTrade 

 https://here.news/story/7a21bb5d?ver=0.52