Producers and purchasers use the petrodollar system to trade crude oil. Petrodollars are not separate currencies. Instead, ...

Until that day, the kingdom needs petrodollars to complete projects like Neom. The International Monetary Fund estimates that ...

Step into the shoes of female investigator Keegan and bring down the people that think they're above the law. Following a series of tax frauds, conflicts of interest and the murders of various ...

It's good to be Vladimir Putin these days. The Russian president can jerk most European countries around without fearing the consequences, thanks to their dependence on his natural gas. Meanwhile ...

And petrodollars began to flow generously into the Moscow treasury. In the first half of 2024, Russia's revenues from oil and gas sales increased by 41% to $65billion in annual terms. During this ...

TASS/. Domestic industry is compelled by the present situation to ramp up production of its instrument base because petrodollars can’t buy everything, President Vladimir Putin said on Thursday ...

Donald Trump’s impending return to the White House has brought Iran’s booming oil flows back into focus — as well as the ...

To achieve this end, Credit Suisse is turning away from the high-octane world of Wall Street traders in the United States and towards the safety blanket of petrodollars in the Middle East.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of ...

He chose PSG’s petrodollars over the Inter captaincy. And it hasn’t turned out well. Juventus will likely offer him an escape ...