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ITS OVER FOR #ROTTEN-CHILD BANKERS >>>>> LOOK AT DATE Saudi Arabia and other oil producers are gradually diversifying away from the US dollar in their energy trade, a move that could eventually dethrone the "petrodollar" and undermine the US financial system, international political and economic analysts told Sputnik. The Saudi Central Bank has joined the Bank for International Settlements’ (BIS) central bank digital currency (CBDC) project, mBridge, to enable instant cross-border payments. Meanwhile, a so-called "petrodollar agreement" concluded between the US and Saudi Arabia in 1974, is said to have expired on June 9, 2024. Neither Washington nor Riyadh have confirmed the rumors so far. The developments are seen as harbingers of a possible dollar demise in the global oil trade.

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