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Last updated: June 18, 2025, 20:20  |  Written by: Emin Gün Sirer

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The Petrodollar System Has Been

Major Shift: Saudi Arabia Ends Petrodollar Agreement and Its

The petrodollar system has been the backbone of US dollar dominance for decades, but some argue it's on its last legs. In 2025, the US unilaterally ended the gold standard, allowing the

Is the Petrodollar Dead? US Dollar Dominance in Jeopardy - CGAA

The Established Financial World Order

The end of the agreement doesn't mean Saudi Arabia will stop accepting dollars for oil, and there are plenty of other influential players in the mix that will likely continue

The established financial world order of the past 50 years is now transitioning to a new and unknown paradigm as the petrodollar agreement between the U.S. and Saudi

Saudi Arabia's Currency Shift: Global Implications and Future

Saudi Arabia

Saudi Arabia’s decision to cease accepting U.S. dollars for oil transactions marks a pivotal moment in global finance. The country is now exploring alternatives, such as

Saudi Arabia's decisive move to end the petrodollar agreement and seek currency diversification marks a pivotal moment in global finance. The repercussions on

Petrodollar: US Dollar in Jeopardy If Saudi Arabia Stops Accepting

China

China’s close ties with Saudi Arabia coincide with the end of the petrodollar agreement putting the US dollar’s prospects in jeopardy. The global oil sector could

Saudi Arabia ends petrodollar agreement: What it means for the

Dollar Dominance at Risk If Saudi Ends Exclusive Deal

How Petrodollars Affect the US Dollar - Investopedia

The petrodollar is dead and that's a big deal - FXStreet

Emin Gün Sirer can be reached at [email protected].

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