Name: What is the Petrodollar?
Uploaded: 2022-10-29T16:00:00+00:00
Duration: 6 min 28 s
Description: In the mid-1970s, the US made an agreement with Saudi Arabia to sell oil in US Dollars. This is known as the Petrodollar agreement and launched a new era of global trade centered around oil. Intereste

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1 year ago

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In the mid-1970s, the US made an agreement with Saudi Arabia to sell oil in US Dollars. This is known as the Petrodollar agreement and launched a new era of global trade centered around oil.

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