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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (1387747)1/18/2023 2:28:39 PM
From: Broken_Clock1 Recommendation

Recommended By
Winfastorlose

  Read Replies (2) | Respond to of 1571747
 
"Reuters reported Russian exports of Urals oil blend from the Baltic Sea between Jan. 1st-15th have risen by 35% to 3.1mln T from 2.3mln T between Dec. 1st-15th, and within that, Asian exports have risen to 2.8mln T from 2.2mln T."

Russia is very happy.

meanwhile India is middleman for Russian oil to Europe. LOL!

India Buying Up Cheap Russian Oil and Selling it to the West at Huge ...

India is buying up cheap sanctioned Russian oil, refining it, then selling it to the US and EU for huge profits, according to a report in the Wall Street Journal. The US has reluctantly given India permission to buy Russian oil because India has threatened to ditch their alliance with America and ally with China if the US dares to sanction them.



To: Tenchusatsu who wrote (1387747)1/18/2023 2:32:24 PM
From: Broken_Clock  Respond to of 1571747
 
"And now, according to Bloomberg, Saudi Arabia is open to discussions about trade in currencies other than the US dollar, according to the kingdom’s finance minister.

“There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Mohammed Al-Jadaan told Bloomberg TV on Tuesday in an interview in Davos.

“I don’t think we are waving away or ruling out any discussion that will help improve the trade around the world,” Al-Jadaan said.

And echoing Poszar's comments above, Al-Jadaan appeared to confirm The Kingdom's goal seeking to strengthen its relationship with crucial trade partners, most notably China:

We enjoy a very strategic relationship with China and we enjoy that same strategic relationship with other nations including the US and we want to develop that with Europe and other countries who are willing and able to work with us,” Al-Jadaan said.


Saudi Arabia is also working with multilateral institutions to provide support to Pakistan, Turkey and Egypt, as part of the kingdom’s largesse to nations it deems “vulnerable,” Al-Jadaan said."

zerohedge.com

“We are providing even oil and derivatives to support their energy needs,” Al Jadaan said.

“So there is a lot of efforts, but we wanted this to be conducted.”

Watch the full interview below:

It doesn't sound like the Biden administration is high up in The Kingdom's strategic planning; and given the comments from The Kingdom's FinMin, Zoltan's ominous warning appears ever closer to reality: "dusk for the petrodollar… and dawn for the petroyuan."


https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davos