Jan. 20, 2023

Saudis Signal The End Of The Petro-Dollar

On Tuesday Saudia 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 Saudia 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.