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Saudi Arabia-US petrodollar deal expires, no new agreement in place
Credit: DNA- Published on July 11, 2024
A petrodollar agreement between the United States and Saudi Arabia has expired on June 9 and as per reports the Gulf nation has decided not to renew the deal.
Video credit: Rumble
Published on July 9, 2024 - 18:12
Saudi Arabia Ending the Petrodollar Explained: Interview with Dr. Carla Norrlöf
News recently broke that Saudi Arabia ended its longstanding agreement with the U.S. to trade oil in U.S. dollars, sparking fear and widespread discussion about what de-dollarization could mean for America.
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