Posted on June 21, 2024 Author Derrick Broze Recent viral reports claim the United States and Saudi Arabia have ended their long-standing petrodollar agreement. Are these claims based in fact? And what do recent agreements between the Saudi Kingdom and China mean for the U.S. dollar? On June 9th, 2024, a 50-year old agreement between the United […]
Posts Tagged ‘Saudi’
The Real Story Behind The 50-Year-Old U.S.-Saudi Oil Contract That Didn’t Exist
Finance expert Henry C. Johnston debunks rumors about a supposed U.S.-Saudi oil contract expiring, which some claimed would spell the end of the petrodollar system. Instead, he explains that the real shift is happening due to new economic alliances among BRICS nations, especially China, Russia, and India, who are trading oil using their own currencies. […]
Saudi Arabia Will Not Be Renewing 50 Year Petrodollar Agreement With US
Saudi Arabia will not be renewing the 50-year petrodollar agreement with the United States amid concerns among BRICS nations that the U.S. government will continue printing money and devaluing the dollar. Instead, Saudi Arabia will […] The post Saudi Arabia Will Not Be Renewing 50 Year Petrodollar Agreement With US appeared first on The People's […]
Houthi Warns Saudi against Major Problem: Targeting Banks in Sanaa is an Act of Economic Aggression
May 30, 2024 Live News – Middle East – News – Top – Yemen Head of Yemen’s Ansarullah Movement Sayyed Abdul Malik Badreddine Al-Houthi stressed that there is no decline in the level of the Yemeni operations, but a decline in navigation and ship movements from the American and British sides, and an almost complete halt in Israeli movements. In a televised speech, […]
ZIONIST PROPAGANGA AS ALWAYS! Saudi Arabia denies shooting down Iranian drones destined for Israel
READ HERE: Riyadh has refuted Israeli media reports about its alleged participation in repelling Iranian drone and missile attack Source Views: 0
Israeli-Saudi normalization in Checkmate, a realist analysis
23 Feb 2024 Source: Al Mayadeen English By Ali Jezzini A realist analysis attempting to shed light on the complications of Israeli-Saudi normalization in light of the Israeli genocide in Gaza, and the discrepancies in the aims of each party. The Israeli war on Gaza has entered its fourth month. The occupation regime faces an […]
Why is Saudi Arabia open to normalize relations with ‘Israel’?
February 7, 2024 Source: Al Mayadeen English The ongoing genocide in Gaza, which has caused extensive damage to “Israel’s” global reputation, is raising questions about Saudi Arabia’s openness to normalize relations. By Janna Kadri The world is presently bearing witness to the harrowing events of a genocide. Across television and mobile screens, individuals are observing […]
Yemenis ditch UAE–Saudi coalition for Gaza
FEB 1, 2024 The Gaza war and renewed US–UK strikes on Yemen are shattering what remains of the UAE–Saudi-led coalition. Now Yemenis of all stripes are flocking to embrace the Sanaa government and its resistance stance. Mohammed Moqeibel While the Red Sea military operations of Yemeni resistance movement Ansarallah have shaken up geopolitical calculations of Israel’s war […]
DEDOLLARIZATION IN FULL SWING: Oil giant Saudi Arabia formally joins BRICS group alongside UAE, Iran, Egypt and Ethiopia
(NaturalNews) The oil-rich kingdom of Saudi Arabia has formally joined the BRICS group alongside four other countries.South African International Relations… Source Views: 0
Saudi Tankers Given Passage Through Red Sea By Houthis, Alongside Russia & China
China and Russia aren’t the only countries being given a “pass” from Yemen’s Houthi rebels, but Saudi Arabia is also exporting crude oil through the Red Sea as if in perfectly normal times (well, almost). At a moment that especially Western and any and all Israeli-linked vessels are being targeted by rocket and drone attacks out […]
USA Loosing Allies as Saudi Arabia Joins Russia’s BRICS
In a significant geopolitical development, Saudi Arabia has officially declared its membership in the BRICS+ group, a move formally announced via state TV. Riyadh had been engaged in negotiations regarding its accession to the group for several months. Last August, Foreign Minister Prince Faisal bin Farhan affirmed that the details of the move would be […]
Saudi Arabia Clinches 2034 FIFA World Cup Bid After Everyone Else Drops Out
The Fédération Internationale de Football Association (FIFA) confirmed on Tuesday that the kingdom of Saudi Arabia would host the 2034 World Cup, outraging human rights activists who decried “sportswashing” by the country to improve its reputation despite abuse of its citizens. Source Views: 0
Biden Says Hamas Attacked Israel In Part To Stop A Historic Agreement With Saudi Arabia
President Joe Biden says he thinks Hamas was motivated to attack Israel in part by a desire to stop that country from normalizing relations with Saudi Arabia. Source Views: 0
Saudi Arabia’s Crude Oil Exports Slumped To 28-Month Low In August
Saudi Arabia’s Crude Oil Exports Slumped To 28-Month Low In August By Charles Kennedy of OilPrice.com Saudi Arabia’s crude exports plunged to a 28-month low in August as the world’s largest crude oil exporter continued to cut its production to “stabilize” the market, data from the Joint Organizations Data Initiative (JODI) showed on Monday. […]
Iran’s Raisi & Saudi Crown Prince Hold 1st Ever Phone Call Amid Israel-Gaza War
Iran’s Raisi & Saudi Crown Prince Hold 1st Ever Phone Call Amid Israel-Gaza War Via The Cradle, Iranian President Ebrahim Raisi and Saudi Crown Prince Mohammed bin Salman (MbS) held their first-ever telephone conversation late on Wednesday to discuss “the need to end war crimes against Palestine.” State-run news agency Saudi Press Agency (SPA) said MBS stressed […]
Iran President Raisi in Rare Call with Saudi Crown Prince MBS to Discuss Hamas Terror Attack on Israel
Iran President Ebrahim Raisi called Saudi Crown Prince Mohammed bin Salman (MBS) on Wednesday to discuss the Hamas terrorist attack on Israel in the first telephone call between the two leaders since Tehran and Riyadh resumed ties. Source Views: 0
Saudi Arabia Announces Joint Military Exercises with China
The government of Saudi Arabia announced on Tuesday that the Saudi and Chinese navies have commenced a three-week joint exercise known as “Blue Sword.” Source Views: 0
Biden’s increasing pressure for a Saudi-Israeli deal
The Biden administration has shifted into high gear to promote a normalization deal between Israel and Saudi Arabia. As with past Abraham Accord agreements, it is simply a way to sell a massive military upgrade as a “peace deal.” Source Views: 0
Saudi’s Bin Salman Sells Palestine: Normalization-for-Security
October 3, 2023 Hussein Ibrahim* Translated by Areej Fatima Husseini In 1945, Abdulaziz Al Saud, Saudi Arabia’s first king, signed an “oil-for-security” agreement with former US President Franklin D. Roosevelt, marking the transfer of leadership of the Western project in the Middle East from Britain to the US. Thus, the mission of protecting the Gulf […]