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China brokers Iran-Saudi peace: big blow to petrodollar, geopolitical game changer

Geopolitical Economy Report

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China and Saudi Arabia - The Key Factors in the Peace Agreement

China has been the largest purchaser of energy from West Asia, not the United States. China is Iran's largest trading partner in addition to being Saudi Arabia’s largest trading partner. As Asia economically integrates, the countries in the region are saying, why do we continue doing trade with each other with US dollars? It doesn't make sense.

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