Major Financial Shift: Saudi Arabia Ends 50-Year Petro-Dollar Agreement with the U.S.

Petro-dollar

The financial world is on the brink of significant change following Saudi Arabia’s decision not to renew its 50-year petro-dollar deal with the United States, which expired on June 9, 2024. This decision marks the end of an era and could have far-reaching implications for global markets. The End of …

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