The US-Saudi Petro Dollar Agreement Ends: Implications for Global Economics and US Dominance
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#7a21bb5d ver:0.58

The termination of the US-Saudi petrodollar agreement has far-reaching implications for global economics and US dominance. It weakens the US dollar, raises inflation and interest rates, and threatens its status as the world's leading reserve currency. Saudi Arabia's shift towards alternative currencies and participation in digital currency trials with China challenges the traditional dominance of West Asia and signals a major shift in power dynamics. Russia's plans to bypass the dollar further contribute to the 'de-dollarisation' process. The global financial landscape is undergoing significant transformation. #Petrodollar #DeDollarisation #GlobalEconomics...

#newstr #SaudiArabia #Petrodollar #GlobalEconomics #UsDollar #OilMarket #CurrencyDiversification #DigitalCurrencies #ProjectMbridge #UssaudiOilforsecurityDeal #Dedollarisation 

 https://here.news/story/7a21bb5d?ver=0.58