What *exactly* expired? There wasn’t an explicit contract? I haven’t seen a single article explain it. Just lots of screeching and repetition.
U.S.-Saudi Petrodollar Pact Ends after 50 Years.
“With the expiration of a 50-year-old pact with Saudi Arabia, the U.S. dollar’s strength may have lost one of its most powerful tailwinds.”
https://www.tipranks.com/news/u-s-saudi-petrodollar-pact-ends-after-50-years
What *exactly* expired? There wasn’t an explicit contract? I haven’t seen a single article explain it. Just lots of screeching and repetition.
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