PROJECT FUNDAMENTALS

Last updated: June 17, 2025, 05:06  |  Written by: Laura Shin

Project Fundamentals
Project Fundamentals

Saudi Arabia Has Decided Not

Saudi Arabia Ditches US Dollar, Will Trade Oil In Yuan

Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two sources said, finessing an issue that could upset

Saudi Arabia has decided not to renew its 80-year petro-dollar deal with the United States. Now Saudis can sell oil and other goods in multiple currencies, including the

The Kingdom Is Now Free

The Kingdom is now free to sell oil in local currencies like the Chinese yuan, Japanese yen, and Indian rupee. The BRICS bloc will be the first to benefit if Saudi Arabia

BRICS challenges US 'dollar dominance', Saudi

This allowed Saudi Arabia to settle oil payments in the U.S. dollar and not local currencies for over five decades. The Kingdom is now free to sell oil in local currencies

Saudi Arabia sits on fence over BRICS with eye on vital ties with US

BRICS: Saudi Arabia To Sell Oil in Multiple Currencies

BRICS: What Happens if Saudi Arabia Ditches US Dollar

Saudi Arabia To Sell Oil in Multiple Currencies - Cash Insight

Dollar Dominance at Risk If Saudi Ends Exclusive Deal

Russia and Saudi Arabia Herald A Decline In Dollar Dominance

Laura Shin can be reached at [email protected].

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