US-Saudi Petrodollar Deal Ends After 80 Years: Implications for Global Finance
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#7a21bb5d ver:0.5

The US-Saudi petrodollar deal, in place for 80 years, has ended, challenging the dollar's global reserve currency status. Saudi Arabia can now trade oil in currencies other than the US dollar, potentially weakening its dominance. This shift may lead to higher inflation, interest rates, and a weaker bond market in the US. #Petrodollar #GlobalFinance #USdollar...

#newstr #UssaudiArabia #Petrodollars #CrudeOil #Currency #GlobalFinance 

 https://here.news/story/7a21bb5d?ver=0.5