May 18, 2024

Saudi Arabia is Preparing to Ditch the US

1) ???????? Saudi Arabia to adopt economic strategy without US dependence, following decline in relations under Biden Administration, FT reports.

2) ???????? Saudi Arabia, Russia, UAE, Iraq, Kuwait, Oman, and Algeria to cut oil production output until the end of 2023.

3) ???????? Saudi Arabia partners with China to build a Chinese oil refinery for 83.7 billion yuan ($12.2 billion).

4) ???????? Saudi Arabia enters trade alliance with China, Russia, India, Pakistan, and four Central Asian nations to step further away from reliance on the US dollar.

5) ???????? Saudi Arabia partners with India to create an investment bridge emphasizing greater economic interconnectedness.

From WatcherGuru


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