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World News@lemmygrad.mlEnglish · 2 years ago

US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan, amid Israel negotiations

geopoliticaleconomy.com

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US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan, amid Israel negotiations

geopoliticaleconomy.com

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World News@lemmygrad.mlEnglish · 2 years ago

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worldnews@lemmy.ml

As part of negotiations for Saudi Arabia to recognize Israel, the United States is demanding that Riyadh keep pricing its oil in dollars, not China's renminbi or other currencies.

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  Assuming US can keep hobbling along for that long with all the mounting contradictions.