Your hypothesis then is that if Oman prices a single term contract not in dollars that will _cause_ the end of dollar hegemony rather than be the result of it?
Even though the largest oil producer in the world will continue to price in dollars no matter what. The third largest oil producer was forcibly dedollarized already and the gulf state national producers already sell oil into the spot market outside of dollars today?
Even though the largest oil producer in the world will continue to price in dollars no matter what. The third largest oil producer was forcibly dedollarized already and the gulf state national producers already sell oil into the spot market outside of dollars today?