Talks between Riyadh and Beijing have accelerated as the Saudi unhappiness grows with Washington. Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark…
Sasse warned of what could happen if other countries view the U.S. as ‘weak.’ News that Saudi Arabia is considering pricing oil sales to China using the Chinese yuan instead of the U.S. dollar has Sen. Ben Sasse, R-Neb., concerned the U.S. could be losing its footing on the world stage. In an interview with…
LONDON/DUBAI (Reuters) – Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as U.S. President, sources close to the organization said, and would miss President Donald Trump who went from criticizing the group to helping bring about a record oil output cut. Biden could modify U.S. diplomatic…