Petrodollar on Shaky Ground; Saudi Arabia Willing to Discuss Selling Oil in Other Currencies

26 January 2023

In a recent interview, Saudi Arabia Finance Minister Mohammed Al-Jadaan said the country is open to discussing trade in currencies other than the US dollar. This could mark the beginning of the end of petrodollar exclusivity. That would be a huge blow to dollar dominance. “There are no issues with discussing how we settle our […]

The post Petrodollar on Shaky Ground; Saudi Arabia Willing to Discuss Selling Oil in Other Currencies first appeared on SchiffGold.

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