Saudi Arabia Ends 80-Year Oil Deal with the US

Saudi Arabia Ends 80-Year Oil Deal with the US

Saudi Arabia Ends 80-Year Oil Deal with the US

Saudi Arabia decided not to renew its 80-year petrodollar deal with the United States, which expired on June 9. This agreement, first signed in 1974, helped the US maintain global economic influence. Also Read: Vladimir Putin Visiting Saudi Arabia To Sign Various Agreements The deal set up joint commissions for economic cooperation and Saudi Arabia’s […]