Special: Saudi Arabia Explores Using Yuan for Chinese Oil Sales Rather than Dollars
Sunday 2nd April 2023
According to sources with knowledge of the situation, Saudi Arabia is actively negotiating with Beijing to price part of its oil sales to China in yuan. It would weaken the U.S. dollar's dominance of the world petroleum industry and signal another turn by the leading crude exporter towards Asia.
While the Saudi's dissatisfaction grows with decades-old U.…
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