energy markets

Saudi ends Petrodollar deal with US – In Depth study | Saudi Arabia, US Oil Geopolitics Economy

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The end of the 50-year US-Saudi petrodollar deal marks a significant shift in global oil trade dynamics. Saudi Arabia’s decision to diversify currency acceptance in oil transactions reduces dependence on the US dollar, reshapes geopolitical alliances, and potentially weakens US economic influence. This study explores the historical context, reasons for the deal’s termination, and its … Read more

The Impact of U.S. Sanctions on Russia’s Financial Markets and Global Energy Prices

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The global financial and energy markets are witnessing significant turbulence as geopolitical tensions continue to escalate. On June 12th, the money institution of Russia announced the suspension of trading sessions involving the U.S. dollar, euro, and other Western currencies on the Moscow Stock Exchange. This decision comes in response to the latest round of U.S. … Read more