So today, the agreement between the US and Saudi Arabia to conduct all oil trades in US dollars has expired. It was a 50 year agreement started on June 9th 1974.
Today it expired and the Saudi's have stated that they aren't going to renew it.
Long term turbulence in the financial markets to be expected.
Kasso
npub1uyj…lx7k
2024-06-09 22:07:32
Author Public Key
npub1uyj8kkqtcs20wj00t5drdwhqq8zfp0vhlsfnxuxgdr2ay7sd7vpsctlx7kPublished at
2024-06-09 22:07:32Event JSON
{
"id": "297f743c9faf30a83f58f4390ad28f30108da8a78192010ba4866a43cb647102",
"pubkey": "e1247b580bc414f749ef5d1a36bae001c490bd97fc133370c868d5d27a0df303",
"created_at": 1717963652,
"kind": 1,
"tags": [],
"content": "So today, the agreement between the US and Saudi Arabia to conduct all oil trades in US dollars has expired. It was a 50 year agreement started on June 9th 1974. \n\nToday it expired and the Saudi's have stated that they aren't going to renew it. \n\nLong term turbulence in the financial markets to be expected.",
"sig": "29de4595d146bd28bdea3540cbd0ec624e90e01ec1fb4c6e49322de3ccf17b85ee4fd05455edb820f4e58944eb3fe6beac384c3829d019543532a58fa60bbfa1"
}