June 1, 2016 - How a legendary bond trader from Salomon Brothers brokered a do-or-die deal that reshaped US-Saudi relations for generations.

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July 10, 2024 - Saudi Arabia's 50-year petrodollar agreement with the US expired, giving Saudi Arabia the freedom to sell oil currencies besides the dollar.

Though a finalized peace deal failed ... in March 1974. The embargo laid bare one of the foremost challenges confronting U.S. policy in the Middle East, that of balancing the contradictory demands of unflinching support for Israel and the preservation of close ties to the Arab oil-producing monarchies. The strains on U.S. bilateral relations with Saudi Arabia revealed the ...

April 5, 2019 - Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said.

January 14, 2024 - How & Why Petrodollar could end soon What Are Petrodollars? Petrodollars refer to the revenues generated from the export of crude oil, with the distinctive feature of being denominated in U.S.

June 14, 2024 - The term 'petrodollar' denotes the use of the US dollar as the currency for global crude oil transactions. In a significant geopolitical shift, Saudi Arabia has decided to terminate its 50-year-old petrodollar agreement with the United States. According to media reports, the deal, signed on June 8, 1974...

June 27, 2024 - Talk of pricing oil in anything but greenbacks is greatly exaggerated. Again.

June 13, 2024 - Giving rise to voices from the world of Business, Finance and Entrepreneurship.

June 17, 2024 - Saudi Arabia considers de-dollarization as closer relations with Russia, Iran, and China create new incentives to break with old alliances and deals with Washington.

June 14, 2024 - world news, US-Saudi petrodollars deal news: The US-Saudi Petrodollar deal established on 8th of June 1974 was an agreement through which Saudi Arabia agreed to trade crude oil in US dollars in exchange for military equipment and assistance from the US.

June 11, 2024 - Andrei Jikh explains the significant shift in global economics with the expiration of the long-standing Petro dollar agreement between Saudi Arabia and the US on June 9, 2024.

June 17, 2024 - Reports of Saudi Arabia ending petrodollar deal sparked online discussions about the potential decline of the dollar as the world's reserve currency.

While oils collapse has deepened concern that Saudi Arabia will need to liquidate its Treasuries to raise cash, a more troubling worry has also emerged.

June 20, 2024 - On June 9, there was a rash of reports that Saudi Arabia would not be renewing its 50-year-old petrodollar agreement with the US. Thus ended an extended period

December 16, 2022 - Dear friends, Greetings from the desk of Tricontinental: Institute for Social Research. On 9 December, China’s President Xi Jinping met with the leaders of the Gulf Cooperation Council (GCC) in Riyadh, Saudi Arabia to discuss deepening ties between the Gulf countries and China.

Saudi Arabia terminates 80-year petrodollar agreement with the US, shifting to multi-currency sales. which expired on Sunday, June 9. For more info, click here.

June 21, 2024 - Recent viral reports claim the United States and Saudi Arabia have ended their long-standing petrodollar agreement. Are these claims based in fact? And what do recent agreements between the Saudi Kingdom and China mean for the U.S. dollar?

QUOTEThe financial world is bracing for a significant upheaval following Saudi Arabia's decision not to renew its 50-year petro-dollar deal with the United States, which expired on Sunday, 9 June, 2024.The lapsed security agreement - signed by the United States and Saudi Arabia on 8 June 1974 - ...

March 10, 2024 - Saudi Arabia, led by Crown Prince just one click free ustd 💸💸💸💸 Mohammed Bin Salman, has chosen not to renew a security agreement with the US, set to expire on June 9, 2024. This means Saudi Arab