OPEC slashes productionÂ
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On Sunday, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day.
China’s ties with Saudi Arabia to displace the petrodollar?Â
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The U.S.’s decision to weaponise the dollar in the form of sanctions in the wake of the war in Ukraine has led to increasing conversations about a move away from the U.S. petrodollar