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The Saudi decision to end the 50-year-old petrodollar deal with the US has significant implications for the US dollar and the world economy. The petrodollar system has been a key pillar of the US economic and geopolitical strategy, linking oil sales to dollar transactions. Saudi Arabia's move may lead to a realignment in global oil trade and reserve currency dynamics, potentially weakening the dollar's dominance and affecting the US economy and global financial stability.

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