Saudi Arabia is now importing a record amount of Russian fuel oil.
In May, the world learned that Saudi Arabia is acquiring millions of barrels of Russian diesel, while exporting its own supply to Europe.
These sanctions are looking weaker by the day
Read: https://twitter.com/goldtelegraph_/status/1679536747485487110?s=46
The Shanghai Futures Exchange aims to extend its commodities warehousing network beyond China’s borders.
It looks like China is looking to challenge London’s standing as the GLOBAL hub for metals pricing.
The pieces are falling into place in front of everyone.
Read: https://twitter.com/GoldTelegraph_/status/1679495694107672576