Jan. 21, 2023

Saudis Signal The End Of The Petro Dollar

On Tuesday Saudi Arabia Finance Minister, Mohammed Al-Jadaan announced that they will accept payment for their oil in many different currencies. Thus breaking their exclusive arrangement with the US Dollar that had lasted for half a century.


On Tuesday Saudi Arabia Finance Minister, Mohammed Al-Jadaan announced that they will accept payment for their oil in many different currencies. Thus breaking their exclusive arrangement with the US Dollar that had lasted for half a century.