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Tag: Petrodollar

The Saudis have banned big U.S. media from the OPEC meeting in Vienna.
OPEC Banishes Three Major Western Media From June Meeting In Vienna
The world’s most prominent oil cartel, OPEC, has banished several of the largest names in the western...
Pakistan wants to purchase Russian oil if it can settle in the Chinese yuan.
Pakistan Wants to Circumvent Petrodollar, Paying Yuan for Russian Oil
Pakistan seeks to begin settling trades for oil from the Russian Federation in the Chinese yuan, circumventing...
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...