petrodollar

2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ agreement with the US, which would have wired the world economy for 50 years. Then war broke out in Iran

2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ agreement with the US, which would have wired the world economy for 50 years. Then war broke out in Iran

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The gold standard may have ended in the early 1970s, but something else quietly took its place for the next ...