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Posts Tagged: “petro-dollar“
June 17, 2024
・Guest Commentaries
Saudi Arabia’s De-dollarization Explained
The longstanding US-Saudi petrodollar agreement is unraveling, with Riyadh inching towards diversified currency deals including the yuan. Our guest commentator sheds light on the history and present challenge to the petrodollar, and what this means for US dollar decline.
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January 14, 2020
・Guest Commentaries
US Foreign Policy, Oil and the Dollar
The war drums have quieted for the time being. But while the threat of a hot war seems to have diminished, economic warfare continues. President Trump announced another round of economic sanctions on Iran. We have written extensively how about how the US weaponizes the dollar and uses it as a foreign policy tool. This […]