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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.
  • davel [he/him]@lemmy.ml
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    11 months ago

    Unless my Googling is failing me, as of the moment the contract is expired. They’re purportedly working on a new one, the results of which remain to be seen.

    • plinky [he/him]@hexbear.net
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      11 months ago

      i’ve posted about it 3 days ago, when sources were 3 crank sites. The contract doesn’t have expiration date that i can find. 50 years has passed, that much is true, but now its allegedly ended (??). Where on earth they got idea the contract was for 50 years to a day, i have no idea.

      • davel [he/him]@lemmy.ml
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        11 months ago

        Folks, a lot of people are saying.

        Yeah I’m not finding a copy of said contract either on a little bit of digging, nor any direct quotes from officials.

      • kbin_space_program@kbin.run
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        11 months ago

        The only previous thing I saw was a scammy financial, WSB youtuber who hit top views 3 days ago: https://www.youtube.com/watch?v=yolCkHT1S_o

        • PipedLinkBot@feddit.rocksB
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          11 months ago

          Here is an alternative Piped link(s):

          https://www.piped.video/watch?v=yolCkHT1S_o

          Piped is a privacy-respecting open-source alternative frontend to YouTube.

          I’m open-source; check me out at GitHub.

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