Geopolitical Economy Report
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China brokers Iran-Saudi peace: big blow to petrodollar, geopolitical game changer
Posted
March 12, 2023
Views
54,861
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4,151
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March 12, 2023
54,861
4,151
596
8.65%
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43:29Now PlayingChina sponsored peace talks that led Saudi Arabia and Iran to normalize diplomatic relations, in a big blow to the petrodollar. Both countries are major oil producers that have applied to join BRICS and are discussing selling energy in other currencies.
BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currenciesNew multipolar economic order
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