The crucial decision to not renew the contract enables Saudi Arabia to sell oil and other goods in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Additionally, the potential use of digital currencies like Bitcoin may also be considered
Rather important news if true.
That’s one load bearing if
earlier source still indexed by startpage had the same article copied verbatim but it’s removed now https://www.bizcommunity.com/article/saudi-arabias-petro-dollar-exit-a-global-finance-paradigm-shift-670911a
you won’t find it on reuters or anywhere reputable for that matter, only tiktok freaks and twitter schizos repeat it. that’s because it’s fake
I thought it sounded too good to be true lol
it doesn’t even sound good, it sounds like delusional BRICS fan wet dream lol