On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbluemime CAN"T KEEP A GOOD MIME DOWN wrote:
> Saudi Arabia and the US petro-dollar
>
>
>
>
> ◙ Background:
>
> The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.
>
> https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret
>
>
>
>
>
>
> ◙ 2017:
>
> Saudi Arabia wants to kill the petrodollar
> https://www.rt.com/business/410056-saudi-arabia-petrodollar-economist/
>
>
>
>
>
>
> ◙ 2018:
>
> Saudi report threatens Trump over #JamalKhashoggi
>
> 1. Install a Russian base
> 2. Take oil to $200
> 3. Kill the petro dollar
> 4. Stop buying US weapons
>
> US will "stab its own economy to death"
>
> https://twitter.com/wikileaks/status/1051583051321536513
> https://english.alarabiya.net/en/views/news/middle-east/2018/10/14/OPINION-US-sanctions-on-Riyadh-means-Washington-is-stabbing-itself.html

"One drastic option on the table: Saudi officials have said privately that the kingdom could sell the U.S. Treasury bonds it holds if Congress were to pass anti-OPEC legislation, according to people familiar with the matter. Saudi holdings of U.S. Treasurys increased to $119.2 billion in June from $114.7 billion in May, according to U.S. Treasury data. Saudi Arabia is the 16th largest holder of U.S. Treasurys, according to federal data."

“It’s hard to imagine either side saying ‘All right, let’s put this back together,’ ” said Mr. Cook of the Council on Foreign Relations.

U.S.-Saudi Relations Buckle
Summer Said Dion Nissenbaum Oct. 24, 2022
https://www.wsj.com/articles/u-s-saudi-relations-biden-mbs-animosity-11666623661

On Tuesday, October 25, 2022 at 9:47:25 AM UTC-4, chromebook test wrote:
> On Sunday, October 14, 2018 at 8:24:17 PM UTC-4, thinbluemime CAN"T KEEP A GOOD MIME DOWN wrote:
> > Saudi Arabia and the US petro-dollar
> >
> >
> >
> >
> > ◙ Background:
> >
> > The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.
> >
> > https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret
> >
> >
> >
> >
> >
> >
> > ◙ 2017:
> >
> > Saudi Arabia wants to kill the petrodollar
> > https://www.rt.com/business/410056-saudi-arabia-petrodollar-economist/
> >
> >
> >
> >
> >
> >
> > ◙ 2018:
> >
> > Saudi report threatens Trump over #JamalKhashoggi
> >
> > 1. Install a Russian base
> > 2. Take oil to $200
> > 3. Kill the petro dollar
> > 4. Stop buying US weapons
> >
> > US will "stab its own economy to death"
> >
> > https://twitter.com/wikileaks/status/1051583051321536513
> > https://english.alarabiya.net/en/views/news/middle-east/2018/10/14/OPINION-US-sanctions-on-Riyadh-means-Washington-is-stabbing-itself.html

> "One drastic option on the table: Saudi officials have said privately that the kingdom could sell the U.S. Treasury bonds it holds if Congress were to pass anti-OPEC legislation, according to people familiar with the matter.. Saudi holdings of U.S. Treasurys increased to $119.2 billion in June from $114.7 billion in May, according to U.S. Treasury data. Saudi Arabia is the 16th largest holder of U.S. Treasurys, according to federal data."

The decision by Saudi-led OPEC+ to cut oil production—raising crude prices at a time of high inflation just before an American election and despite U.S. pleas to hold off—has cemented both leaders’ resolve to reconsider a strategic relationship that has underpinned the global economy and Middle East geopolitics for almost 80 years, with once-unthinkable retaliatory measures now on the table. The White House has said Mr. Biden wants to review whether the Saudi relationship is serving U.S. national security interests, on top of an administration reassessment last year. Saudi officials say it may now be time for them to reassess the U.S. relationship, too.

> U.S.-Saudi Relations Buckle
> Summer Said Dion Nissenbaum Oct. 24, 2022
> https://www.wsj.com/articles/u-s-saudi-relations-biden-mbs-animosity-11666623661