bigredfish
Known around here
He must really want their oil bad. That and Bibi needs new killing grounds…
This should be interesting.

Alteady dollar used in global trade is at a all time low, now with no oil flowing from SoH, petro dollar usage is at a all time low.
Many countries are dependent on Russian oil/fertilizer directly or indirectly and they get paid in anything other than $ or for that matter Euros.
So effectively what Trump is doing is putting a accelerant in de-dollarization.
Trump administration and partly even Biden, by putting all the restrictions on China meant they made their own work around with home grown solutions from semiconductor manufacturing from x86 processors/DDR5 to AI and AI chips to replacing windows OS. They do not need any western technology anymore.
Trump has no leverage against China or Russia or countries like Iran and North Korea which depend entirely on these two countries. Let's not forget a whole bunch of countries are tied to Chinese loans with belt and road initiative.
