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Maroc Maroc - EURASIABUSINESSNEWS.COM - A La Une - 17/Jun 16:21

Saudi Arabia Ends 50-Year Petrodollar Deal with U.S.

By Alexander Miller, consultant in energy markets – Eurasia Business News, June 17, 2024. Article n°1035. Riyadh, capital of Saudi Arabia, 2024. In 1974, amid an oil crisis and skyrocketing prices due to OPEC sanctions, the US and Saudi Arabia struck a deal. Under this agreement, Saudi Arabia agreed to sell its oil exclusively in […]

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