![The Implications Of The Non-Renewal Of The Petrodollar System – OpEd](https://cdn.newsserve.net/ONPglobe256.png)
The Implications Of The Non-Renewal Of The Petrodollar System – OpEd
In a critical move on June 9, Saudi Arabia has decided to terminate its long-standing petrodollar agreement with the United States. This pact, which has been a pillar of global oil markets and financial systems for fifty years, is now under reconsideration due to changing geopolitical and economic circumstances. This decision...
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