The fifty-year Saudi-U.S. petrodollar agreement supposedly ceased on 9/6/2024.
Saudi Crown Prince Mohammad Bin Salman (MBS) has refrained from addressing this matter publicly.
The note provides a comprehensive overview of the following aspects:
- MBS’ stance on the petrodollar agreement and the use of the U.S. dollar
- His plan concerning Saudi Riyal in global financial markets
The note also mentions U.S. attempts to understand MBS’ position on the future of the petrodollar agreement.