Since it is difficult to give up, then reduce the weight of the US dollar settlement!

Saudi Arabia cleverly took advantage of the gap between the expiration of the old contract and the signing of the new contract, and decisively joined the "Currency Bridge" project led by China. This innovative experiment of cross-border settlement has brought unprecedented opportunities to Saudi Arabia-it no longer needs to rely on the US dollar for transactions.

In addition:

1. China and Saudi Arabia have long abandoned the US dollar as a settlement currency in the field of foreign trade.

2. Saudi Arabia's move has undoubtedly set an example for other oil countries, and more countries will follow suit in the future and join this trend.

The status of the petrodollar was not overturned overnight, but was gradually eroded over time and eventually collapsed.

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