PETRO DOLLAR

MINT PRESS – On Wednesday, Reuters reported the details of a private and “secret” deal reached between Russia and Saudi Arabia, a deal that was aimed at increasing oil output in order to offset the coming shock to oil prices that will follow U.S. efforts to starve Iran of its oil revenues. Notably, Reuters also noted that the deal was struck with cooperation from the United States, even though Russia had publicly attacked the U.S.’ targeting of Iran via sanctions and had pledged to help protect Iranian trade to help keep the country’s economy afloat. CONTINUE READING

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