Saudi Minister Suggests 86 Million Tons Of Petroyuan Adoption, Country Says It Is ‘Open To New Ideas’

Bandar Alkhorayef, the Saudi minister of industry and mineral resources, said that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial for the ministry”, the country was open to new ideas, trying to don’t mix politics. and trade. This suggests the adoption of the yuan for this purpose. (…)