this post was submitted on 31 Jan 2024
1 points (100.0% liked)

World News

2304 readers
7 users here now

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 0 points 9 months ago (2 children)

Saudi Arabia?? ๐Ÿ˜ is this actually the end of the petrodollar?

[โ€“] [email protected] 0 points 9 months ago
[โ€“] [email protected] 0 points 9 months ago (1 children)

Basically yeah, with Saudis and Russia trading oil outside the dollar nobody is going to have to go through SWIFT to buy oil going forward.

[โ€“] [email protected] 0 points 9 months ago

I remember them getting invited to BRICS but i didn't get my hopes up since it was just an invitation. Now it is a reality, this is kind of a huge blow to US hegemony.