The United States and Saudi Arabia have been tied at the hip for decades. But now, it’s looking like the Kingdom is ready to ...
The Petrodollar system, born from 1970s agreements between the United States and Saudi Arabia, rests on three pillars: oil priced in dollars, transactions settled in dollars, and oil revenues recycled ...
the launch of a BRICS payment system aimed at bypassing the dollar in international trade and Saudi Arabia's historic decision to end its 50-year petrodollar agreement with the US, opening its oil ...
and President Nixon’s 1973 deal with OPEC to protect Saudi Arabia’s oil fields with US military forces spawned the petrodollar. Unfortunately, these advances led to complacency and ...
Turkey has a major role in Syria's reconstruction, and transport investments like railway links are on the agenda although Gulf money may prove vital.View on euronews ...
The incoming US leader’s terms to help end the war remain unclear as fighting rages in western Russia and east Ukraine.
Early 2025 is already a tough time for those expecting the consolidation of a multipolar alternative to polycrisis-riddled, ...
Saudi Arabia is looking for mining deals in a push to secure supplies of critical minerals for its industrialization plan, ...
Saudi Arabia’s Mohammed bin Salman told President Donald Trump that he plans to invest $600 billion over the next four years.