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Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS
(www.middleeastmonitor.com)
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this post was submitted on 31 Jan 2024
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Saudi Arabia?? ๐ is this actually the end of the petrodollar?
Basically yeah, with Saudis and Russia trading oil outside the dollar nobody is going to have to go through SWIFT to buy oil going forward.
I remember them getting invited to BRICS but i didn't get my hopes up since it was just an invitation. Now it is a reality, this is kind of a huge blow to US hegemony.
Inshallah