Saudi Arabia Considers Accepting Yuan Instead Of Dollars For Chinese Oil Sales

[hooligan]

-Dow Jones, Citing WSJ

[Yodean]

-Dow Jones, Citing WSJ

Lol, Saudis are caught in the middle a bit, playing this game of Western Bullies vs. SIRA very carefully. You prolly heard about the whole Saudis "not answering Brandon's" phone call recently, wrt to increasing oil production and somesuch, that made the mainstream headlines.

The Saudis may be quite evil, but they're smart enough to know: never piss off Mother Russia, or you're already dead.



https://youtu.be/5a2oMKrnslw?t=20

[SOL]

-Dow Jones, Citing WSJ

Lol, Saudis are caught in the middle a bit, playing this game of Western Bullies vs. SIRA very carefully. You prolly heard about the whole Saudis "not answering Brandon's" phone call recently, wrt to increasing oil production and somesuch, that made the mainstream headlines.

The Saudis may be quite evil, but they're smart enough to know: never piss off Mother Russia, or you're already dead.



https://youtu.be/5a2oMKrnslw?t=20

looks like we might end up being correct about the US peaking in March of this year, even though we hoped we would not. Long term the pendulum is swinging the other way. Russia and China will look to settle scores with those that sided with the US, especially the Russians.