COMMITMENT OF

Last updated: June 19, 2025, 09:29  |  Written by: Ari Paul

Commitment Of
Commitment Of

Brics considering petroyuan in next de-dollarisation

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Even If It Culminates In

To a BRICS CBDC or not a BRICS CBDC; replacing the

Even if it culminates in the establishment of a new BRICS currency, the goal, according to official statements, is not to replace the US dollar but to build a parallel

The 50-year petrodollar agreement with Saudi Arabia to use the US dollar for oil payments ended in June 2025. With the country’s recent induction into the BRICS alliance, Saudi Arabia may

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Ari Paul can be reached at [email protected].

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