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Houston, the petrodollar, and de-dollarization: A clear analysis

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Understanding the petrodollar system The term “petrodollar” refers to US dollars earned by oil-exporting nations through the sale of oil. The petrodollar system is not...

BRICS expansion could end US dollar dominance in oil trade: US...

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Petrodollar era to end? With the BRICS emerging as a major trading bloc with its expansion of six more countries, including Saudi Arabia, since the...

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