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20 sats \ 1 reply \ @Jorj_X_McKie 15 Mar 2022 \ on: Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales bitcoin
How legally binding is the oil for dollars + protection deal that USA made with the Saudis in the 70s? Can SA just partially break it?
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10 sats \ 0 replies \ @nout 16 Mar 2022
"legally binding" doesn't really work on nation level. The nation will follow the deal as long as it's worth it for them (considering sanctions, etc)
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