“The petrodollar deal, signed between Saudi Arabia and the US on June 8, 1974, expired on June 9 and the Middle East country has now decided not to renew it”
https://www.news18.com/business/saudi-a ... 32118.html
https://medium.com/coinmonks/the-u-s-do ... 0c56211825
Saudi Arabia Ends 50-Year Petrodollar Deal with US
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