The 50-year Petrodollar agreement quietly expired in June 2024. No headlines. No press conference. What does this actually mean for dollar dominance going forward?
https://preview.redd.it/k0fl0k97bzwg1.png?width=1360&format=png&auto=webp&s=3fb9c97c7c3781379ff26224516ba09066bb8d14 In July 1974, the US and Saudi Arabia struck a deal that a lot of people I speak to have never heard of. Saudi Arabia would price all oil exclusively in US dollars. Every petrodolla
ORIGINAL SOURCE →via Reddit r/economy
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