The US-Saudi Petrodollar deal established on June 8, 1974 was an agreement through which Saudi Arabia agreed to trade crude oil in US dollars in exchange...
The term ‘petrodollar’ denotes the use of the US dollar as the currency for global crude oil transactions. The petrodollar deal, signed between Saudi Arabia and...
President Joe Biden has slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminium and medical equipment, taking potshots at Donald Trump...
Washington: Any country having business dealings with Iran runs the “potential risk of sanctions”, the US has warned India, noting that it is aware that Tehran...