Saudi Arabia Exits Petro-Dollar: What You Need to Know!!

It’s no secret that the role of the dollar is fading in the background and no longer in the center of the global financial system as Saudi Arabia officially ditched the Petro-Dollar in favor of the Petro-Yuan. One thing is sure: Saudis decision to ditch the US dollar crates a fundamental shift to the global financial system, given how the dollar-denomination of OPEC oil transactions plays a huge role in unifying global markets around a common currency. Helas, that era has come to an end as of June/9/2024!!! This video was conducted on behalf of DeFi Technologies Inc, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: Support the Channel: Support Asia Trip: Buy my book: DISCLAIMER: My channel, “Geopolitical Trends” is purely made for Educational & Information purposes, based on facts, published articles, and personal analysis. COPYRIGHT DISCLAIMER: It is important to note that under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing.