US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan, amid Israel negotiations
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US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan, amid Israel negotiations
https://geopoliticaleconomy.com/2023/08/10/us-saudi-arabia-sell-oil-dollars-chinese-yuan/
As part of negotiations for Saudi Arabia to recognize Israel, the United States is demanding that Riyadh keep pricing its oil in dollars, not China's renminbi or other currencies.