The world is ditching the #dollar #petrodollar #oil #yuan
https://newstarget.com/2023-10-26-china-digital-yuan-cross-border-oil-transaction.html
The Shanghai Petroleum and Natural Gas Exchange (SHPGX) just completed its first ever cross-border transaction for oil in digital yuan rather than the petrodollar. Chinese financial news outlet Yicai was the first to report that PetroChina International purchased one million barrels of crude oil using digital yuan, this being the first time an overseas oil […]
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