Saudi Arabia Weighs Using Yuan for Chinese Oil Sales: DJ

The transcript discusses Saudi Arabia's potential shift from using the US dollar to the yuan for crude sales to China, marking a significant geopolitical move. This shift is seen as part of Saudi Arabia's broader strategy to strengthen ties with China while sending a message to the US, particularly the Biden administration. The relationship between Saudi Arabia and China has improved, and Saudi Arabia is signaling its willingness to explore new alliances.

What is the historical significance of Saudi Arabia's oil sales in US dollars?

• It was a recent development in the 2000s.

• It began in the 1990s as a response to economic sanctions.

• It started in the 1970s and has been uninterrupted since.

• It has always been in multiple currencies.

What recent action has Saudi Arabia taken to strengthen its relationship with China?

• Started a joint space exploration program.

• Opened a new embassy in Beijing.

• Signed a military alliance with China.

• Invited Chinese leadership to visit the country.

What is Saudi Arabia's potential strategy regarding its relationship with the United States?

• To focus solely on economic ties with the US.

• To increase military cooperation with the US.

• To pivot away and strengthen ties with other nations like China.

• To maintain the status quo and continue as before.

What message did Mohammed bin Salman convey in his interview with The Atlantic?

• He emphasized the importance of US-Saudi relations.

• He expressed indifference to President Biden's opinion.

• He declared a new military alliance with Russia.

• He announced a new trade deal with the US.

What is the broader diplomatic message Saudi Arabia is sending with its recent actions?

• That it is focusing on internal development only.

• That it is open to new alliances and does not solely rely on the US.

• That it is seeking to join the European Union.

• That it is closing its borders to foreign influence.