Tag: #Hegemony

The Bell to End the Oil Dollar Hegemony Is Ringing

Hu Weijia November 01, 2019

The Bell to End the Oil Dollar Hegemony Is Ringing

China, the world's biggest oil importer, should follow the lead of Russia and switch to the euro from the US dollar for its oil and natural gas contracts. Rosneft, Russia's top crude oil producer, has reportedly set the euro as the default currency for its oil product sales....More