Ahmed Adel[Collection]
Saudi Arabia’s industry and mineral resources minister said his country will “try new things”—including using the yuan in crude oil deals—as Riyadh seeks to incorporate Chinese products such as electric vehicles, the C919 passenger jet, and renewable energy infrastructure. This marks a major shift, considering Saudi Arabia’s close ties with the United States gave rise […]
The post Saudi Arabia accelerates decline of petrodollar by promoting petroyuan first appeared on VT Foreign Policy.
https://www.vtforeignpolicy.com/2024/09/saudi-arabia-accelerates-decline-of-petrodollar-by-promoting-petroyuan/?utm_source=rss&utm_medium=rss&utm_campaign=saudi-arabia-accelerates-decline-of-petrodollar-by-promoting-petroyuan2024-09-11T15:22:42.000Z2024-09-11T15:22:42.000Z