The first China-UAE gas deal in yuan: A new blow to dollar dominance

Chinese allies control 40 percent of OPEC+ oil reserves, and the GCC controls another 40 percent. With this China-UAE gas trade settled in yuan, the petrodollar today is under serious threat.

By A Cradle Correspondent

April 6, 2023

https://thecradle.co/article-view/23348/the-first-china-uae-gas-deal-in-yuan-a-new-blow-to-dollar-dominance