The Truth of the Petrodollar Agreement

بسم الله الرحمن الرحيم Answer to QuestionThe Truth of the Petrodollar Agreement(Translated) Question: Al-Hurra website published, 18/6/2024: (Recently, news sites have widely circulated reports talking about a Saudi-American Agreement in 1974, under which Saudi Arabia would use the dollar in all its oil sales. According to those reports, this agreement and its duration of 50 … Continue reading The Truth of the Petrodollar Agreement

Trump’s Insistence on OPEC, Especially on Saudi Arabia, to Increase Production and Reduce Oil Prices

بسم الله الرحمن الرحيم Answer to QuestionTrump’s Insistence on OPEC, Especially on Saudi Arabia, to Increase Production and Reduce Oil Prices(Translated) Question: On the 2nd of October, 2018, during the mid-term election rally in the constituency of Mississippi, Trump has threatened Saudi Arabia and showed his supporters that he was dealing with high oil prices: "…And how … Continue reading Trump’s Insistence on OPEC, Especially on Saudi Arabia, to Increase Production and Reduce Oil Prices