18.5 C
New York
Sunday, May 28, 2023

Must read

Is the US Dollar Doomed? Tensions With Iran Threaten Petro-Currency Status

This announcement came on the heels of reports that Saudi Arabia was also planning to reopen its embassy in Syria after a decade

Recent developments in the Middle East have reignited tensions between the United States and Iran, with the potential to escalate into wider regional conflicts. The conflict erupted just as Saudi Arabia announced its willingness to trade oil for Chinese Yuan, which threatens the status of the US dollar as the global petro-currency. This announcement came on the heels of reports that Saudi Arabia was also planning to reopen its embassy in Syria after a decade, leading to rumors that Iran, Saudi Arabia, and Syria may be forming geopolitical and economic agreements that sidestep the US.

The US government has responded to the recent conflicts by authorizing airstrikes against Iran-backed forces in Syria, which has the potential to further escalate tensions with Iran and the Syrian government. While President Joe Biden has stated that his administration is not seeking conflict with Iran, the timing of the recent events and the lack of evidence of Iranian involvement raises suspicions about the motives behind the US actions.

One possible explanation for the US military presence in Syria is that it is a remnant of establishment war-hawk policies from the Bush era. The conflicts in Iraq and Afghanistan served as a jumping-off point for covert Arab Spring operations, including the Pentagon funding and training of groups that later became ISIS terrorist factions. The Syrian conflict could serve as a powder keg for wider regional wars that serve the interests of establishment globalists, especially given the growing threat of international economic warfare and currency wars.

The threat to the status of the US dollar as the global petro-currency is a significant concern for the US government. Saudi Arabia’s willingness to trade oil for Chinese Yuan could change the global economic landscape, as other oil-producing nations may follow suit. China has been aggressively pursuing stronger economic ties to oil-producing nations, with the intention of turning the Yuan into a global petro-currency.

Russia’s alliance with Syria’s government under Bashar al-Assad and their naval base in Tartus is another factor to consider. Russia has been expanding its presence in the region since 2021, and their alliance with Syria could lead to a wider regional conflict.

In summary, the recent tensions between the US and Iran are complex and multi-faceted. The US government’s actions in Syria could be motivated by a desire to protect its personnel or by broader geopolitical goals. The threat to the status of the US dollar as the global petro-currency is a significant concern, and the US government may be taking action to prevent further erosion of the dollar’s status. The potential for wider regional conflicts is also a concern, given the growing economic and geopolitical ties between China, Russia, Iran, and Syria. Ultimately, the situation in the Middle East is fraught with uncertainty, and the long-term implications are difficult to predict.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here