Saudi’s MBS Shocks America; Dollar Dominance Could End As Riyadh Chooses Not To Renew U.S. Oil Deal

VIDEO: Saudi’s MBS Shocks America; Dollar Dominance Could End As Riyadh Chooses Not To Renew U.S. Oil Deal

Saudi Arabia has reportedly decided not to renew its 80-year petro-dollar deal with the U.S., marking a significant shift with potential implications for the oil market.

The deal, which expired on June 9, had long been a cornerstone of U.S. global economic dominance.

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