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Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales (www.indiatoday.in)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 13 points 4 months ago (2 children)

its some bs, the deal has not been ended and why on earth its suddenly 80 years

[–] [email protected] 3 points 4 months ago (1 children)

Unless my Googling is failing me, as of the moment the contract is expired. They’re purportedly working on a new one, the results of which remain to be seen.

[–] [email protected] 6 points 4 months ago (2 children)

i've posted about it 3 days ago, when sources were 3 crank sites. The contract doesn't have expiration date that i can find. 50 years has passed, that much is true, but now its allegedly ended (??). Where on earth they got idea the contract was for 50 years to a day, i have no idea.

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago) (1 children)

The only previous thing I saw was a scammy financial, WSB youtuber who hit top views 3 days ago: https://www.youtube.com/watch?v=yolCkHT1S_o

[–] [email protected] 1 points 4 months ago

Here is an alternative Piped link(s):

https://www.piped.video/watch?v=yolCkHT1S_o

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

[–] [email protected] 5 points 4 months ago

Folks, a lot of people are saying.

Yeah I’m not finding a copy of said contract either on a little bit of digging, nor any direct quotes from officials.

[–] [email protected] 3 points 4 months ago

Yup, it’s on auto-renew every 5 years and neither country has stated that they intend to cancel.

Note to self: indiatoday.in is not a well researched source