Danger to petrodollar hegemony? Saudi Arabia ponders selling oil to China in Yuan, report says

Danger to petrodollar hegemony? Saudi Arabia ponders selling oil to China in Yuan, report says. Credit: awakeandaware.ca

Islamabad: The petrodollar hegemony might be in danger as the top oil producer in the world is reportedly considering selling oil to China in Yuan rather than the US dollar.

The news was published by Wall Street Journal on Tuesday, which reported that Saudi and Chinese…

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News Source: https://pakobserver.net/saudi-arabia-ponders-selling-oil-to-china-in-yuan/?utm_source=rss&utm_medium=rss&utm_campaign=saudi-arabia-ponders-selling-oil-to-china-in-yuan

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