this post was submitted on 29 Aug 2023
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Addition of KSA, UAE, Iran means share has doubled to 42% of crude oil output in 2022. "Saudi pricing oil exports to China and India in non-dollar currencies does not spell the end of the dollar as the international currency of choice,” says ING. Trade within bloc makes trade hard to sanction by West.

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[–] bernieecclestoned@sh.itjust.works 0 points 1 year ago* (last edited 1 year ago) (1 children)

Lol, as if people haven't been trying to leave the influence of the dollar since the 60's. Hasn't happened yet

But keep up with the insults, maybe go learn something before you do though. 🤡

https://www.ft.com/content/daa1f8a6-3c49-426c-b08f-2c569837bd6d

[–] Pons_Aelius@kbin.social 2 points 1 year ago (1 children)

You really won't give up on this. Will you.

Why do you care so much?

Is your self esteem tied to the USD?

Is it that anything that paints the USA in a bad light a threat to you?

Ah, so when you have no clue what you're talking about, you deflect and make it about me.

I'm not American, I don't really have strong views on it, but these are just basic facts

You, on the other hand are making wild claims about unseating the dollar with zero references or sources

You're talking out of your arse mate, that's what bothers me. Idiots spreading bullshit.