If the information that the Kingdom of Saudi Arabia will completely stop selling oil in U.S. dollars is accurate, this could have significant impacts on the …
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petrodollar
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Crypto knowledge
Petrodollar Power: The Hidden Force Behind Global Oil and Currency Markets
by Curtisvoby CurtisvoPetro-dollar is a term that refers to U.S. dollars used in international oil transactions. This concept emerged in the early 1970s after the United States and …