Dollars

Video - #MikeAdams - #Moscow Stock Exchange BANS #DOLLARS and #EUROS as West vs East #currency wars escalate https://madmaxworld.tv/watch?id=666af4af96182f7bf4c0c5ec

#Economy

#SaudiArabia Ends 50-Year #Petrodollar Pact!

Saudi Arabia has decided not to renew its 50-year-old petrodollar agreement with the United States, which expired on June 9, 2024. This agreement, established in 1974, mandated that Saudi Arabia sell oil exclusively in U.S. #dollars. The non-renewal allows Saudi Arabia to sell oil in multiple currencies, including the #Chinese RMB, Euros, Yen, and Yuan, marking a significant shift in global financial dynamics.

U.S.-Saudi Petrodollar Pact Ends after 50 Years https://www.tipranks.com/news/u-s-saudi-petrodollar-pact-ends-after-50-years