The petrodollar deal was originally signed on June 8, 1974, and was a key part of US global economic influence.
    • CosmoNova@lemmy.worldEnglish
      1·
      2 years ago

      I think it’s not so much about renewables. Looks more like they‘re already running out of money because of insane overspending and need money now.

    • Tryptaminev@lemm.eeEnglish
      21·
      2 years ago

      There is also a practical matter of buying investments from countries like China, India or the EU in their currency without having the US take a cut.