Petrodollar
The Sunset of the Petrodollar: A New Dawn for Global Finance and a Reckoning for US Debt
The global financial landscape is undergoing a monumental shift, marked by the effective expiration of the petrodollar system in June 2024. This historic development sees Saudi Arabia, a cornerstone of the original agreement, no longer exclusively accepting US dollars for its oil sales. Instead, the Kingdom is now open to