It was during Kissinger's tenure as Secretary of State that Nixon signed away part of American monetary sovereignty to Saudi Arabia through the petrodollar agreement.[https://www.investopedia.com/articles/forex/072915/how-petrodollars-affect-us-dollar.asp][https://www.fxcm.com/uk/insights/what-is-the-petrodollar/] | It was during Kissinger's tenure as Secretary of State that Nixon signed away part of American monetary sovereignty to Saudi Arabia through the petrodollar agreement.[https://www.investopedia.com/articles/forex/072915/how-petrodollars-affect-us-dollar.asp][https://www.fxcm.com/uk/insights/what-is-the-petrodollar/] |