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schizoidman@lemmy.ml to World News@lemmy.mlEnglish · 11 months ago

Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales

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www.indiatoday.in

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Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales

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www.indiatoday.in

schizoidman@lemmy.ml to World News@lemmy.mlEnglish · 11 months ago
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The petrodollar deal was originally signed on June 8, 1974, and was a key part of US global economic influence.
  • IndescribablySad@threads.net@sh.itjust.works
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    11 months ago

    Yup, it’s on auto-renew every 5 years and neither country has stated that they intend to cancel.

    Note to self: indiatoday.in is not a well researched source

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