„BREAKING: OPEC+ Agrees To Cut Oil Output By Historic 2 Million Barrels Per Day🚨
To be clear, this is the OPPOSITE of what the global economy needs and comes just weeks after Biden visited Saudi to try to get an INCREASE in oil production to ease prices.
This action, along with Putin’s halt of natural gas flows via Nordstream adds to inflationary pressures globally.
Longer term, there are increasingly loud noises that Saudi Arabia is looking to join the BRICS coalition along with the likes of Russia to form a new commodity-based reserve currency - a higher oil price is in their interest.
This coalition would be a direct challenger to the petrodollar system that has allowed the U.S to dominate over the years.
For right now, this cut will NOT be welcomed by central bankers and governments in the west. The U.S strategic reserve has already been drained to its lowest level since 1984.
Alliance.
#currency #economy #oil #saudiarabia #naturalgas“
Seen on: https://www.linkedin.com/posts/activity-6983416717855047681-Uzih/
#BidenCrimeFamily #Bidenisadisgrace #CrookedHillary #crazyNancy #Opec #Russia #Putin #WEF #GreatReset #ww3 #Zop #NWO #FED #Trumpwon #redwave #TrumpNewsDeutschland #TrumpFansBavaria #TruthSocial #saveEurope #ultramagaBayern #YoungGlobalMaga #energy #gas #oil
To be clear, this is the OPPOSITE of what the global economy needs and comes just weeks after Biden visited Saudi to try to get an INCREASE in oil production to ease prices.
This action, along with Putin’s halt of natural gas flows via Nordstream adds to inflationary pressures globally.
Longer term, there are increasingly loud noises that Saudi Arabia is looking to join the BRICS coalition along with the likes of Russia to form a new commodity-based reserve currency - a higher oil price is in their interest.
This coalition would be a direct challenger to the petrodollar system that has allowed the U.S to dominate over the years.
For right now, this cut will NOT be welcomed by central bankers and governments in the west. The U.S strategic reserve has already been drained to its lowest level since 1984.
Alliance.
#currency #economy #oil #saudiarabia #naturalgas“
Seen on: https://www.linkedin.com/posts/activity-6983416717855047681-Uzih/
#BidenCrimeFamily #Bidenisadisgrace #CrookedHillary #crazyNancy #Opec #Russia #Putin #WEF #GreatReset #ww3 #Zop #NWO #FED #Trumpwon #redwave #TrumpNewsDeutschland #TrumpFansBavaria #TruthSocial #saveEurope #ultramagaBayern #YoungGlobalMaga #energy #gas #oil
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