Gold Telegraph
@GoldTelegraph
ENERGY, PRICING POWER AND CONTROL
If you dig deep enough, it becomes undeniable:
The United States is deeply concerned about the accelerating trend of global commodity trade shifting away from the DOLLAR.
In 2023, a critical revelation surfaced, tucked away near the bottom of a Wall Street Journal report:
The United States was actively seeking guarantees that Saudi Arabia would price its oil in U.S. DOLLARS—not Chinese yuan— as a condition for any normalization deal with Israel.
This underscores a growing urgency in Washington to defend the dollar’s supremacy in global trade amid shifting geopolitical and economic tides.
This is directly from U.S. officials.
They understand what is at risk here.