China buys more than 25% of the oil that Saudi Arabia exports, and if priced in yuan, those sales would boost the standing of China’s currency, and set the Chinese currency on a path to becoming a global 'petroyuan' reserve currency, replacing the US petrodollar and position as the world's reserve currency.
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss OPEC Plus and the growing partnership between Russia and Saudi Arabia, which aims to reshape the energy market, and cement Russia’s leadership role in global oil and gas supply.
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Ellen R. Wald’s timely, well-written history of the Saudi national oil company, Saudi Inc.
(ANTIMEDIA) — The Houthi rebels in Yemen, officially known as Ansurallah, have vowed to intensify rocket attacks on Saudi Arabia’s critical oil infrastructure, warning that they are now manufacturing their own ballistic missiles to achieve those aims, the Financial Times reports. The threat comes at a time when Houthi attacks on Saudi Arabia have begun to increase. Just this […]
