🌐
Twitter
twitter.com › sharaff › status › 1800697614293471271
sharaff (@sharaff) | Twitter
Die neuesten Tweets von sharaff (@sharaff). Thinking aloud. Thinking allowed. Malaysia
🌐
Schiffgold
schiffgold.com › guest-commentaries › saudi-arabia-de-dollarization-explained
Saudi Arabia’s De-dollarization Explained
The longstanding US-Saudi petrodollar agreement is unraveling, with Riyadh inching towards diversified currency deals including the yuan. Our guest commentator sheds light on the history and present challenge to the petrodollar, and what this means for US dollar decline.
🌐
Perplexity AI
perplexity.ai › page › Petrodollar-pact-ends-Z3xXjO0JReOdOoZmaOFHuA
Petrodollar Pact Ends After 50 Years
June 14, 2024 - According to recent reports, the 50-year-old petrodollar agreement between Saudi Arabia and the United States has expired, marking a significant shift in the...
🌐
Geopoliticaleconomy
geopoliticaleconomy.com › home › us pressures saudi arabia to sell oil in dollars, not chinese yuan, amid israel negotiations
US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan, amid Israel negotiations - Geopolitical Economy Report
August 13, 2023 - As part of negotiations for Saudi Arabia to recognize Israel, the United States is demanding that Riyadh keep pricing its oil in dollars, not China's renminbi or other currencies.
🌐
Eurasiabusinessnews
eurasiabusinessnews.com › 2024 › 06 › 17 › saudi-arabia-ends-50-year-petrodollar-deal-with-u-s
Saudi Arabia Ends 50-Year Petrodollar Deal with U.S. – Eurasia Business News
June 17, 2024 - By Alexander Miller, consultant in energy markets – Eurasia Business News, June 17, 2024. Article n°1035. Riyadh, capital of Saudi Arabia, 2024. In 1974, amid an oil crisis and skyrocketing prices due to OPEC sanctions, the US and Saudi Arabia struck a deal.
🌐
Deccan Herald
deccanherald.com › home › world › what is the us-saudi 'petrodollars' deal that lapsed on june 9?
What is the US-Saudi 'petrodollars' deal that lapsed on June 9?
June 14, 2024 - HomeworldWhat is the US-Saudi 'petrodollars' deal that lapsed on June 9?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.
🌐
Eiu
eiu.com › home › the eiu update › strategic us-saudi alliance under pressure
Strategic US-Saudi alliance under pressure - Economist Intelligence Unit
November 1, 2022 - The US government has responded to an oil production quota cut announced by the OPEC+ grouping of oil exporters by vowing to "re-evaluate" its relationship with Saudi Arabia.
🌐
Ndtv
ndtv.com › opinion › is-the-end-of-the-us-saudi-petro-deal-an-opportunity-for-india-5929169
Opinion: Opinion | Is The End Of The US-Saudi Petro Deal An Opportunity For India?
While the dollar will continue to hold sway in the foreseeable future, the world without a doubt is moving towards an alternative currency. The lapse of the petro-dollar deal will act as a catalyst for this de-dollarisation process.
🌐
MSN
msn.com › en-za › news › other › saudi-arabia-s-petro-dollar-exit-a-global-finance-paradigm-shift › ar-BB1nYFLK
Saudi Arabia's petro-dollar exit: A global finance paradigm shift
MSN South Africa News Big Reads - Get the latest trending stories, views and opinions from South Africa and around the world on the stories that matter
🌐
WSJ
wsj.com › wsj news exclusive › middle east
WSJ News Exclusive | Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales
03:02
Saudi Arabia is in active talks with Beijing to price its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s top crude exporter toward Asia.
🌐
TFIGlobal
tfiglobalnews.com › home › saudi arabia can crash us dollar the day it wants to
Saudi Arabia can crash US Dollar the day it wants to
October 20, 2022 - The dispensation of Petrodollar by Saudi Arabia will be a pivotal moment in the world's history. To protect economies from geopolitical risks
🌐
FX Empire
fxempire.com › news › article › saudi-arabia-and-us-petrodollar-system-is-facing-the-end-391289
Saudi Arabia and US Petrodollar System are Facing The End | FXEmpire
The US dollar extremely got overvalued; the overvaluation led to the unbalance in the American trade conditions. Moreover, the Vietnam War has made the Federal Reserve print more money, which made the idea of converting dollars into the US gold impossible. In addition, gold producers themselves, ...
🌐
Newsmax
newsmax.com › finance › streettalk › saudi-arabia-petro-dollar-deal › 2024 › 06 › 13 › id › 1168608
Saudi Arabia Exits US Petro-Dollar Deal | Newsmax.com
The financial markets are bracing for disruption now that Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States, MSN reports.