List of Flash News about Saudi Aramco
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2025-05-14 15:47 |
Saudi Aramco Signs $90 Billion MOUs With U.S. Companies: Major Oil Deal Could Boost Energy-Linked Crypto Assets
According to Crypto Rover, Saudi Aramco, the world's largest oil company, has signed $90 billion worth of memorandums of understanding and pacts with U.S. companies (source: Crypto Rover on Twitter, May 14, 2025). This record-breaking agreement is expected to strengthen U.S.-Saudi economic ties and may influence global energy markets. For crypto traders, increased oil sector investments can raise volatility and trading volume in energy-linked cryptocurrencies, such as oil-backed tokens and commodity-tracking stablecoins. Traders should monitor potential spillover effects on commodity-driven crypto assets and watch for sector-specific token price movements following this news. |