New challenges to the petrodollar system: Saudi Arabia is officially open to non-US dollar oil trade
Saudi Arabia opens to settling trade in other currencies than the US dollar, the country’s finance minister said, in one of the clearest signs yet that the oil-rich kingdom is seeking to strengthen its relations with crucial trade partners and diversify away from the greenback. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US
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