China brokers Iran-Saudi peace: big blow to petrodollar, geopolitical game changer

from Geopolitical Economy Report · host Ben Norton

China sponsored peace talks that led Saudi Arabia and Iran to normalize diplomatic relations, in a big blow to the petrodollar. Both countries are major oil producers that have applied to join BRICS and are discussing selling energy in other currencies. VIDEO: https://youtube.com/watch?v=DyAFerEouN0 BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: New multipolar economic order: https://geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar

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This episode was published on March 12, 2023.

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