In this report I cover the geopolitical events in the Middle East and how they pertain to the challenge to the petrodollar by the petroyuan and the new yuan oil futures contract at the International Energy Exchange in Shanghai, China.
I note that the recent developments in Syria are indirectly related to the petrodollar and the challenge from the petroyuan. The reason for that is that Russia is the biggest exporter of oil to China and as a result will be earning a huge amount of its oil revenues in yuan. Syria is also strategically important to the transport of energy (oil and gas) to Europe from the Middle East and as Syria is presently allied to Russia you can bet that any energy that were to flow from the Middle East through Syria to Europe would be price in euros or other currencies other than the dollar.
I note that the decision by the U.S., U.K. and France to bomb Syria on April 13th, 2018 could escalate into a greater conflict between NATO and the SCO which is the Shanghai Cooperation Organisation. The SCO is the NATO equivalent for the One Belt One Road initiative.
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I totally agree, is there nothing they won’t do to protect the petro dollar, thanks mike
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Very nice update Post
I like it this dtube, I appreciate your valuable Post. thanks for sharing this dollar...........
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Good job my friend @maneco64
I appreciate your every Post........
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Thanks.
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You are most welcome👍👍
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Great geopolitics. I like this your post.
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Thanks and you are welcome.
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Thanks my friend.
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Thanks for sharing post
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Thanks for following my posts.
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your are most welcome
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Very special video
You talk about the Middle East
Special Information
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Thank you maneco64, was hoping to have a break from the internet this weekend but hey! i am with you about the petrol dollar one belt etc, it has always been about any serious threat to the unipolar hegemony.
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Thanks for sharing this post...I like this dtube channel.
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with all the politics over oils and gas
common people are suffering there
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Yes you are completely correct about that.
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Hello
Does the Saudi currency become valid at the end of the petrodollar, and how strong it will be?
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The Saudi currency might become more valuable actually. The Saudis could decide to sell their oil for riyals but the only problem is that the Saudi State (Royal Family) could collapse as part of the petrodollar deal in the 1970s was that the Saudis would sell their oil for dollars and in exchange the U.S. would protect Saudi Arabia and its regime.
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Great coverage! Very informative. I think the real war is just getting underway. I bet the trade between Russia and China will increase a lot.
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Nice post
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HELL YES !
peace
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great post...
i like it this dollar...
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