Petrodollar Deals Decline? BRICS Lays Groundwork For New Global Payment System | WION
Edited By WION Video Desk
Published: Jan 30, 2026, 18:06 IST | Updated: Jan 30, 2026, 18:06 IST
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Questions are growing over the future of petrodollar dominance as BRICS moves closer to building a new global payment system. The initiative aims to reduce reliance on the dollar and bypass SWIFT, potentially reshaping trade settlements amid rising geopolitical and sanctions pressures.
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