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Tag: Petrodollar

The petrodollar is waning as Russia and India establish a settlement system to trade rubles for rupees in Russian oil transactions.
Petrodollar Wanes as Russia and India Develop Ruble-Rupee Settlement System for Oil Sales
Evolving geopolitical tensions surrounding the Russia-Ukraine conflict and the International Rules Based...
OPEC+ member Saudi Arabia threatens to trade US petrodollars for Chinese yuan amid geopolitical tensions.
Saudis Posture Dumping US Petrodollar for Yuan On Chinese Oil Sales
While Saudi Arabia is posturing that it may begin accepting the yuan instead of the U.S. dollar on at...