Saudi to finish US-Saudi petrodollar deal; Finish of present 50 yr contract | DoolNews
Saudi to finish US-Saudi petrodollar deal; Finish of 50-year contract Riyadh: Saudi Arabia withdrew from the settlement to make use of the greenback as the bottom foreign money for worldwide oil transactions. It was determined to not renew the settlement with the US for 50 years. On June 8, 1974, US Secretary of State Henry … Read more