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Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS
(www.middleeastmonitor.com)
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this post was submitted on 31 Jan 2024
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Basically yeah, with Saudis and Russia trading oil outside the dollar nobody is going to have to go through SWIFT to buy oil going forward.
I remember them getting invited to BRICS but i didn't get my hopes up since it was just an invitation. Now it is a reality, this is kind of a huge blow to US hegemony.