Saudi Arabia threatens to abandon the dollar in its oil transactions

Saudi Arabia has threatened to sell oil in currencies other than the dollar if Washington approves a law that would make OPEC members vulnerable to antitrust litigation, sources close to Saudi energy policy said.

The sources told Reuters that several senior Saudi energy officials had discussed the possibility of dropping the dollar in recent months, and two sources said the plan had been discussed with members of the company. 39; OPEC.

A source close to Saudi oil policy said that Riyadh had also transferred the threat to US senior energy officials.

The prospect of the US bill known as NOPEC is entering into force and Saudi Arabia is unlikely to materialize its threat, but the mere fact that Saudi Arabia is considering such a move is a sign from the alarming alert from Saudi Arabia about the US legal threats "OPEC".