Birdwatch Note Rating
2024-06-23 05:21:22 UTC - HELPFUL
Rated by Participant: 78CC6FA88E12178C2FC2399F4388F090EC688427BAE86B800F6E4F12DF071FA9
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Original Note:
Added context: Saudi is not renewing their 1974 agreement with the US, to only sell oil in Dollars in exchange for security guarantees. There are new ongoing talks for a new agreement. Plus, Saudi oil is only a very small part of global trade They are not leaving the USD https://www.atlanticcouncil.org/blogs/econographics/is-the-end-of-the-petrodollar-near/
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