Posted on 03/21/2022 10:43:32 AM PDT by Wuli
[Biden's] liberal internationalism is proving to be costly.
In case you missed it amid the war news, the Journal this week reported that Saudi Arabia is edging closer to accepting the yuan as payment for oil shipments to China. This is one more cost, and a potentially significant one, of the Biden Administration’s bungled handling of a strategically important ally.
Details of the potential new Saudi-Chinese oil-trading arrangements remain vague. The two sides have talked for years about pricing some oil sales in yuan, and it may not happen. Some 80% of global oil sales are priced in U.S. dollars, the yuan is not freely convertible as a reserve currency must be, and Saudi Arabia’s currency, the riyal, is pegged to the dollar.
...snip... The Biden Administration has undermined that relationship at every turn, and by all accounts the Saudis are fed up.
One of the Administration’s first foreign-policy actions was to end U.S. support for the Saudi war against the Iran-backed Houthis in Yemen. It also removed the terrorist designation from the Houthis. The White House then postponed a scheduled arms sale to Riyadh—a security slap-in-the-face that wasn’t reversed until late last year.
The Houthis have returned Mr. Biden’s gift by sending drones and missiles to attack the oil fields and cities of Saudi Arabia and its ally, the United Arab Emirates. Meanwhile, the Saudis watch, aghast, as Mr. Biden chases a new nuclear deal that will give Iran the resources to finance proxy wars against Saudi Arabia—until Tehran gets its own nuclear bomb.
.snip..
In this new era of Great Power competition, the U.S. can’t afford to alienate allies that can help deter authoritarian aggressors bent on harming U.S. interests and values. The U.S. is paying the price in the Ukraine crisis for having lost the Saudis.
(Excerpt) Read more at wsj.com ...
But at least we got rid of Orange Man Bad, right?!
[^^^sarcasm^^^]
Clearly the most important thing in the universe.
None of this stuff...from oil to Iran to Ukraine...would have been happening with Trump.
“The Biden Administration has undermined the USA at every turn, and by all accounts the Americans are fed up.”
Biden doesn’t view it as a loss. In his world view, he has set in motion a chain of events that will create the post oil economy. He is incapable of seeing the hubris and believes all he has to do is hold firm and the new economy will emerge.
Kind of looks like they want to just burn the bridge (back to having adequate domestic energy production) and hope... but someone smart once told me that “hope is not a strategy”.
Biden doesn’t remember what he had for lunch yesterday.
The people running Biden likely are after that. And they are friendly with Iran, mortal enemies of the Saudis.
FUBAR !
Joe’s record of being wrong on every foreign policy issue since 1973, is still intact.
That Wall Street Journal headline is misguided and wrong!
It should have read, "Senile Sleepy Joe's Handlers Have Lost Saudi Arabia"
Get it right, Wall Street Journal editors! Sheesh! Even senile Sleepy Joe himself is surprised .....
The Biden Crime Family doesn’t care about Saudi Arabia.
They like the money they receive from Iran.
Same with Russia and North Korea.
#StolenElectionsHaveConsequences
Bidet supports bearded jockeys who want to compete in Saudi women’s camel-riding championships.
There’s just nothing up there!
Obama keeping that White boy on a short leash, continuing his war on America and Israel.
Jerusalem and the New Jerusalem both gotta burn so’s the Global Caliphate can consolidate rule in Babylon.
Orange Man bad. World War III good.
Hail Hydra!
VarJar is a Iranian sleeper. She is OBOZO’S handler. OBOZO’S people are Dimensia Joe’s handlers.
Good article. Biden is now trying to kiss up to the Kingdom by providing more Patriot missile batteries. Won’t work. Rejoining the JCPOA is a huge foreign policy blunder. Maybe the worst since the expansion of NATO.
lost??? no, lost is an accident, this was intentional...
later
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