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Is the end of the petrodollar among us?
The Kingdom of Saudi Arabia is officially open to discussing oil trade settlements in currencies other than the U.S. Dollar, according to the country’s finance minister.
Saudi Arabia is officially open to discussing oil trade settlements in currencies other than the U.S. dollar.
— DailyNoah.com (@DailyNoahNews) January 18, 2023
“There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Mohammed Al-Jadaan told Bloomberg TV on Tuesday in an interview in Davos.
