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BRICS challenges US dollar, Saudi considers selling oil in other currencies: Financial multipolarity

Geopolitical Economy Report

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Saudi Arabia's Possible Shift Away from the US Dollar

The chapter explores the possibility of Saudi Arabia selling oil in currencies other than the US dollar, confirming rumors that have been circulating for months. It discusses the potential acceptance of Yuan for Chinese oil, as well as China's historic shift away from the US dollar in trade with Gulf Cooperation Council countries.

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