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Hello, brother. Thank you for your video and comments. You speak with genuine passion and conviction, and I agree with most of what you said, except for the part about the petro-dollar. At the time, Saudi Arabia was in a very different situation. The deal that was made wasn’t just about money-it began with the promise that the country wouldn’t be harmed or invaded. The nation was on the brink of a major conflict that could have led to our invasion, and the deal was the best option to secure the kingdom’s future. However, when Obama began interfering with Gulf and Arab countries during the Arab Spring and empowering Iran, it was clear that this agreement had been broken. I completely agree with your points about hiring American companies and the brilliance behind the petro-dollar strategy, but when the U.S. started doing exactly what they had promised not to do, the deal became null. Now, regarding the protection of our land, we all know that it is ultimately in God’s hands. But as God said, we must take action, build, defend ourselves, and avoid putting our people in harm’s way. There’s no doubt that when we are faced with situations where no lives can be saved and all paths lead to suffering, we will stand firm. I won’t say we will be like Yamani, whom I respect greatly, but we will be like our ancestors-the Prophet’s (peace be upon him) companions. May Allah bless them all. Vision 2030 is proof that Saudi Arabia has moved beyond the old deal. The main goal of this transformation is to end dependency on oil. In the past, much of the wealth was spent by the royal family, but that has now been significantly cut. The money is being reinvested into the country’s infrastructure to diversify the economy. Moreover, Saudi holdings in the U.S. Treasury have been declining, and a recent deal with China to sell oil in their currency reflects this shift. Saudi Arabia is carefully concluding the old deal, but you can’t sever ties with a superpower overnight. Nonetheless, the change is clearly happening.
As per my knowledge king Faisal ,showed, absolutely not,type behavior and america had to face tough time without oil supply from Arabs , that's why they murdered shah Faisal by a technique by involving the family member of shah Faisal in the matter.
A valid explanation of US foreign policy with regard to these matters, especially with Kissinger as Secretary of State, and the petrodollar, except that you conveniently gloss over something major - there wouldn't even be a need for or value in oil if not for the West and Europeans. As a matter of fact, it is almost entirely because of Western technological innovation over the past 200 years that there even is a modern world. If not for this fact, there would be no internal combustion engines, cars, planes, the industrial revolution, lightbulbs, the electrification of cities, the silicone microchip, semiconductors, computers, software, the internet, the telephone, radios, rockets, spacecraft, cameras, microwave technology, satellites, and over 90% of the inventions that have shaped the world as we know it. As the King even said, and you also mentioned, if they felt the need to resist US intervention and blew up their oil fields as a last resort for maintaining control of the supply, they would simply go back to living a tribal desert life as they had done for thousands of years and it the rest of the world that would suffer. I found it incredible that you didn't hear yourself when you were saying that the structure of the deal that was created by the US which generated trillions of dollars for them 13:57 "for nothing, we haven't produced anything,.. furthermore when they want to develop Saudi Arabia and they want to Westernise it, guess who they're going to come to: us. They're going to come to us for construction companies, technology... it's almost satanic... I don't know how they fell for it." Um, that is precisely the only way, by definition, that they could 'Westernise,' and that is what they wanted and needed to do to transform their societies by trading their oil for Western ingenuity. How else would they 'Westernise', i.e., develop into a modern technological society, seeing as they hadn't invented any part of it? You're ironically making this video with the aid of every technological invention around you, only possible because of Western countries, but you don't seem to recognize this. Middle Eastern people simply happened to live where the largest reserves of fossil fuels were under their feet for millions of years before they ever stepped foot there. Western and European countries are the reason that the world isn't still living in the Stone or Bronze Ages any longer, as well as the reason that the Saudis are as rich as they are and drive gold Rolls Royces. And for that matter, the reason that you are even able to make this video. Otherwise, it would still be buried in the ground beneath them as it had been for millions of years before, with them still completely oblivious as to its true potential.
Don't worry under comment zship, these struggle to make it out but it's assumed he is currently enjoying azab al qabr BBQ and having a cookout like A real Sharon in the barzakh.
May Allah forgive him, but he was one dumb Mofo of a leader, weak, brainless and had no foresight, only his guilt at the end of his life may be the one things can redeem him when he stopped the oil sale, but you can't sell muslim land and wealth wholesale then cry Jacob took your land and wealth.
That doesn't set the bar high lol (considering both the relatively short history of Saudi rule and that they are ruthless dictators who love the $ a bit too much). That's like saying he was the best smelling homeless junkie on the street. I mean look, the "best Saudi king" signed the USA - Saudi petrodollar deal in the 1974. If that's your best king then woe to us with the worst one...
This Brother never seizes to amaze me in his accumulation of knowledge and research. This channel needs to be bigger and more people need to see this stuff.
may allah forgive and have mercy on king faisal . I saw a video before th-cam.com/video/hNjHShPVUsI/w-d-xo.htmlsi=0Fo7hytYGa1rxqQM and i can see how honest and sincere king faisal was in his fighting . What happened regarding this petrodollar agreement , i believe king faisal was misled and tricked by lies by USA . we muslim should have a good thought of our brothers .
Look at the thumbnail, king Faisal is portrayed with devil horns and Henry Kissinger, security-adviser of Nixon, sits relaxed with his back to 'devilish' king: no worries. Kissinger, he could probably be listed in top 5: pure evil men of last two centuries. He was intelligent, sick and very sick! He was known for his illegal type of warfare and deepdark quotes like; "The illegal we do immediately, the unconstitutional takes a little longer". He was a Jew, but he said outrageous things about Soviet Jews. His illegal and unconstitutional actions had real-world consequences; more then six million victims in Indochina, Cambodia, Vietnam and who knows where else. Amazingly this w*rcr*m*n*l, despite accusations by critics, got a Nobel peace price 1973! Yet again an American govern official does not get jailed! And ofcourse Nixon and Ford should have been jailed! Biden, Netanyahu and their administrations! The message: Muslims need to unite. The USA-led West have devided us. Look what they are doing to the Ummah. Taking us out one by one and often we help them in some way or form.. ❤Palestine🇵🇸
many of these conflicts he instegated would have happened regardless at some point, so he culdnt be convicted beyond reasonable doubt thts how it works in the west [thnk god] we have moved on frm monkey medievil judicial system
This was a fantastic breakdown of the the situation between Saudi Arabia and the United States of America. The only point which I beg to differ is the suggestion that King Faisal was somehow 'hoodwinked' into the Petro Dollar deal. I believe he signed up to this deal because it ensured his family would remain in a position of Leadership forever. Absolutely Brilliant breakdown Sir.
That is a valid perspective, affording the king and excuse us about as much as can be done before committing to the idea that he entered into this agreement wilfully and intentionally (such a pill is very hard to take, in all honesty). Many thanks 👍🏽
To piggy back off of that comment, ultimately this is usury, and a act against Allah (eliminating gold for monopoly papers) this along with other acts that are against our religion have put us in the state that we are in. May Allah have mercy on us.
I recommended any and everyone to join the exclusive membership and benefit from the courses Ustadh is great at articulating and in presentation like you are watching a film , unbiased and raw information my only complaint Ustadh is I wish I could learn in aqueedah I appreciate your work BAArakallahu Feek I am a revert from US and learned a lot
brother, this was amazing- this might be one of the best TH-cam videos I have ever watched. I specially admire how you make all of this political history simple and easy to understand for us regular folk; You have gained a subscriber today because you made all this extensive history look like a talk you have with one of your friends over a coffee. if there's one thing I like about your content is how god you are at simplifying difficult politics into a digestible conversation. Well done bro.
Thank u my brother for your teaching on what went on in the 1970 I am American but I am not a follower of my Governments ugly ways 😢 I am a follower of yeshua/Isa and they are not no mater how many times they say they are i am sad for that 😢😢😢 the Zionest and all who follow their ways are fowlers of EVIL 😢😢😢😢 Massacring men women and CHILDREN are not God's ways 😢😢😢😢 I will still pray for them all but I will never stand with them I cry for all my Muslim brothers and sisters 😢😢😢😢 bless you for your teaching 🙏 my name is Liza
God bless you Liza. Most people are the victims of their government's abuse of power both at home and abroad, we do not condemn the American public for what those in charge (and their allies) have done abroad.
The petrodollar agreement was one of King Faisal's most strategic decisions, made during the Cold War when nations were forced to align with either the USSR or the United States. Faisal chose the U.S., and had he opted for the USSR, it's possible the Soviet Union might still be a superpower today. However, the USSR, with its atheistic ideology, was a difficult choice for a leader with Faisal's values.
I watched a documentary where they were saying Saudis brought down the Soviet by flooding the market with cheap oil and putting the Soviet out of business since the backbone of the Soviet economy was oil. I'm sure American Jews were micromanaging the Saudis and telling them what to do and how to do it but it was the Saudi oil that brought the Soviets to their knees.
The oil embargo of 73 was a collective effort and an action that the Saudis agreed to reluctantly. What made it worse for the west is the oil companies manipulative actions of slowing shipments and creating more oil shortages. They gained. The assissination of Faisal was a family matter in revenge for the killing of the nephew's father in the early 60s. Faisal was not what people think of him. He was not the religious, righteous man. He was focused on the preservation of the family and the kingdom he inherited. I believe the Saudi regime takes the lion's share of the blame for what the middle east is now.
@qualityman1965 True, King Faisal was killed out of revenge by his nephew, Faisal bin Musa'id because King Faisal had ordered the killing of his(King's) half brother Prince Musa'id bin Abdulaziz, also for allowing the the killing of Faisal bin Musa'id's older brother Khalid bin Musa'id, in addition to having many other family disagreements.
This is almost well spelt out in Sheikh imrans lectures delivered 20 yrs ago and he said exactly has you are laying out…Saudi Arabia agreeing to sell oil to only in US dollars, 1973 Petrodollar was born and it became or function has mountain of Gold. Great video 🫶🏽🫡
They called our beloved sheikh crazy 😢 our beloved teacher who thought us the games of dajjal they deserve what is coming 😢 over 20 years he was talking and nobody listen to him even the poorest of civilian's are blind the Rich are blind 😢
Allahu'akbar. For all the history you've spoke of, there is just one single underlying factor every Muslim should recognize and understand. In the end, such a great country fell simply because it involved itself with "INTEREST". One of the major things Almighty Allah tells us to avoid in the Qur'an.
What? Saudi is the safest country if not one of them. Where are the rapes murders drugs criminals? That place is safe because they obey the ruler, destruction comes to a ppl when they go against their leader
Who is this intellectual speaker please? I'm just knowing him for the first tiem, and I can confess he is an asset in these discourses. He revelas historical facts that are in the shadows for us to learn palinly!
I think this is the brother I lost the contact for a while. I am glad I found him here . He is by profession an accountant , but quite knowlable Western world's tricks on muslims .
They didn't 'fall' for it, Perkins mentioned it, 'they are corruptable', not individually but collectively (who isn't!) Political, economic and military/CIA pressure normally gets the job done for the USA. Iran, Venezuela, Cuba etc only a few have withstood the US and all suffered for decades as a result
Man Americas foreign policy needs to become a subject the craftiest people on earth, I do admire it when I look it at objectively and hope the ummah gains such an ability for the sake of Allah
The victor writes the history books. At one point the world pope was carefully selected by the Muslim Khalifah. As little as a few hundred years ago the British army kneeled in front of the Muslim Indian ruler. Yet now Arabs don’t even DARE speak out against Israel. It’s isn’t craftiness, it’s military and economic prowess. But above all, it’s courage. America can say we will attack you. The Arabs will pee their pants before uttering such words…in their own bedrooms. Humiliation entered the Ummah once the Arabs betrayed
My friend, the Saudis, UAE, Qatar etc have supported and profited from every American war. How do you think the Iraq war occurred? How do you think the Afghanistan war occurred?
Excellent video. I think the only misunderstanding was how the US earns interest on Saudi’s money. The saudis earned the interest in their sovereign funds, which was the incentive to make the deal for the saudis. Very great deal by far for the Americans, but I think in a vacuum, the countries with the sovereign wealth funds have done quite well financially. Doesn’t mean they got their fair share in that trade.
“We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.” -James Paul Warburg, whose family co-founded the Federal Reserve - while speaking before the United States Senate, February 17, 1950
The petro-dollar deal was imposed at gunpoint. The US wanted the Saudis to raise the price of oil as far as possible. 80% of all the revenue had to be used to purchase US treasuries. This was a massive transfer of wealth to the US from the rest of the world. The Arabs cannot withdraw/sell their US treasury bonds. Professor Richard Werner.
Watch the documentary called Bitter Lake & Hypernormalisation (Adam Curtis) from what I would personally call the best documentarian of the 20/21st century. It goes into things much, much deeper. The petroleum deal with the house of Saud was drawn up on bitter lake in the Middle East just after WW2. It’s truly eye opening
People keep giving faisal credit for nothing. He was just as bad as fhe rest. It was the Pakistani Prime Minister Bhutto that kicked sense into his head and assured him of full support if the U.s did anything. The muslims were united alot more than today and he had excellent relations with them all. Faisal jad to be pressured, he was no saint by any means.
The 70s in the US, inflation was burning through and through. 1971 saw the stop-gap measure to cease gold-convertability for the dollar by foreign central banks. When Saudi signed the Petrodollar Deal, it extended lifeline to US and their dollar. Out of a sudden, the world needs more dollar to buy oil - a surge of artificial demand. With that, during 70s and early half of 80s, US could export some of its inflation abroad and foreign oil trade settlement needs the dollars.
Review the projected timeline for when various countries will deplete their oil supplies. Then you'll understand the methods of utilizing someone 's else's resources before yours.
He was to Ale Saud what Umar Ibn Abdul Aziz was to the Ummayads. Caring for his people, reforming the corruption of the monarchy, acknowledging Shias as part of the nation....all the same steps Umar took. And of course from what I've heard, the Ummayads plotted against Umar....and so did Ale Saud against Faisal. SubhanAllah.
One thing you didn’t mention was how just 3 years prior, the US took the dollar off the Gold Standard. Initially it was described as a temporary move. As the US just needed a little time to stabilize the dollar, and the Standard would be restored. A couple years pass and the dollar still can’t be redeemed for gold. But then Bingo, this agreement occurs. And the dollar now in essence is backed by oil!
Recycling petro-dollar fiat currency and mandating using it for oil transactions is indeed was devious and crafty from U.S. Secretary of State at that time Henry Kissinger✡ he played a key role in facilitating agreements that linked oil sales to the dollar, King Faisal scarified the integrity of his country for solidify U.S. military support for Saudi Arabia that was dealine mistake.
Great video as usual, I’m surprised of how well you know Saudi, even the small details, good or bad, unlike the naive cartonish view that some muslims view the Saudi Royal family. Also you mentioned that the Saudies tried to buy America’s shares from Aramco little by little. This brings back the debate that was happening in that time between Pan Arabists and the Saudies (50s-70s). The pan Arabist view is sometimes represented by Altuairqi (Energy minister), most of the cabinet advised against a confrontational approach, as it was sean that it would cause more harm than good; rather, the prevailing opinion was to take gradual approach. Seeing what happened to countries that took the 1st approach we know now that the Saudi’s approach was better. It is believed by Arabs that they have the longest breath in preparing for a battle, as some tribes in pre Islamic Arabia spent a generation preparing to take down another tribe, and the longest breath in battles (the battle of Dahes and the Ghabra continued for 40 years). I think this case of how Aramco was nationalized is modern example of such traits
That is correct, and they couldn't have pulled the plug abruptly because the kingdom was still very much reliant on American engineers and advisory services to help them extract and exploit the resource. A slow and gradual transitory period was mutually beneficial however with the Saudisation program and greater investment in local resources, the American hand became less necessary. It worked out in the best possible way
2:45 "The Americans tried to invade Saudi Arabia" then why does the headline say "America once considered using military force" ? Those are worlds apart.
If other countries can buy Saudi oil in non-US currency, then they don't need to stockpile the US dollar. That is a level of independence for the buyer country.
Very onesided perspective, first the gambling of blowing oil fields happened during the 1973 war between Arabs and Israel.. the deal happened afterwards and the main reason was the agreement that Saudi can buy the shares of the american companies and have full owner ship on the oil and production, before that Saudi Arabia used to get a fixed amount per barrel and a small share of the profit. This decision is what made Saudi Arabia the very wealthy county we knows today.
May Allah have mercy on king Faisal rahimahullah. I also wish he wouldn't allpw the satellite dish in Saudi. His generation May have survived in the desert, just as he told Kissinger but modern generation will never accept that
Thing is we are Muslims and we had a Book send by one and only GOD of us all ALLAH Rabul Allamin and we had promised to be obedient and follow, but unfortunately we forgot and left the book and it's message and now all we have suffering and pain. Problem is with our brains we think what will this book give us when this world is so advanced and that what lead us to all this mess. Truth is book holds not just success in this world but promise the success in afterlife when currency was not dollars or gold it all about our deeds and what we bring good or bad from this world and only superpower on the day of judgment is one and only GOD of us all ALLAH Rabul Allamin who is superpower today also but this is just a chance given to us to test our ability for nest life. Anyway of Muslims just focus on there beliefs and follow the respectable Book The Quran and do good deeds then no one can scare us or even touch us with harm if our Lord ALLAH Rabul Allamin will we will servive with good and if HE want to test us or distroy us no one can protect us accept HIM the almighty with all the powers and to HIM we belong and to HIM we return insha ALLAH
Very good and informative. I feel like that was a business deal a lot of people benefited from. I feel that China or Russia would have made the same deal or similar. Obviously Saudi officials wasn’t hearing any of that and liked what the Americans proposed the most. That deal is actually really good for everyone. As far as the American invasion I truly believe we have a plan to invade everyone or at least explore the option. That era was very different and a lot of today’s current global economics and current landscape was being forged then. Saudis best option on who to work with was definitely the US then and they have benefited very well. They have a very high gdp. Also America had a lot to do with early refinery achievements there and invested money into it. I’m no scholar in geo politics and usually look for the bad things but I see good in this. Would hate to see if Russia got it during Cold War era. They were on the way down and China wasn’t ready. Britain seems like they had part in discovering it there but for some reason didn’t follow through properly. Thank you for this excellent breakdown. Very good at relaying information.
The Petro Dollar. In order to buy oil, nations must produce and sell cheap goods in the United states in order to get dollars in order to buy oil with dollars. This has undermined the value of the dollar. So many dollars have been printed and borrowed into existence to provide the world with oil money that it has destroyed the value of the dollar. Secondly, it has undermined quality. Other nations must sell their products at lower prices to gain a sales advantage in order to obtain dollars so that they can buy oil. This has hurt development around the world. It has forced every country to send products to the US to sell in order to obtain dollars so they can buy oil. It has destroyed manufacturing in the United states when in fact similar products being manufactured by other countries are for sale here which has put domestic manufacturers at a disadvantage and driven them out of business by competitors whose labor cost is much lower and whose prices are significantly lower. The citizens of the United states have borrowed literally trillions of dollars which end up outside the US so that other countries can buy oil and pay for it in dollars. American citizens are paying taxes and owing money they have no access to so that the rest of the world can buy oil. The petro dollar has destroyed the dollar through inflation, put American manufacturing at tremendous disadvantage, forced countries to flood the american market with cheap imports in hopes of obtaining dollars just so they can buy oil. It is an extremely subversive mechanism to undermine US manufacturing and destroy the value of the dollar while being sold as the idea which keeps the dollar strong. LLXIIX77
It's not that simple that they fooled King Faysal for petro-dollar. I once saw a documentary, on why saudis really had no choice except to to tie oil to dollar. I don't really remember the details, but you can research to understand it better.
Did you not hear what the Saudi Finance and Oil minister said in the interview or the anecdote of Faisal when they threatened to take away everything? America didn't have that sort of card to play in the 1970s. They had to compromise and remain diplomatic, the Saudis were not forced to do anything
It was a marriage destined to fail. Linking Oil to US Dollar was a Policy Error.. but in 1972-73, the Saudis were on a weak wicket. Mosaddeq wanted Iranian Oil for Irans development and was removed in an American coup. Faisal acqueised, and was not thrown out like Mosaddeq. Mosaddeq was right on principle.. but US / UK wished to "invade" and take the oil FOR FREE. Essentially a Colonial Project. "Take their Gas (for free) and kick their Arse" was / is The Policy.
So I owe an apology to the current Arab regimes for critiquing them not launching an oil embargo. Although it may still be effective to cut off production? Yes, the oil sales are deposited in dollars. But without oil itself to run the economy, even for a short duration, there could still be some impact? Unless the US has another source to make up for the deficiency, this could still be an effective political move.
The following presentation is an extract from a 5 Hour Module as part of the Shadow History course.
The complete program is accessible exclusively via our official App and private learning platform.
For more information visit our website or directly register via Patreon
➤ Website www.historyun.com/
➤ Patreon (Register) www.patreon.com/historyun/membership
You need to discuss Anglo-saxon and Ulster-scot history. That’s the only way to understand their behavior and tendencies.
1😊a😊😊q😊a😊😊
Hello, brother. Thank you for your video and comments. You speak with genuine passion and conviction, and I agree with most of what you said, except for the part about the petro-dollar. At the time, Saudi Arabia was in a very different situation. The deal that was made wasn’t just about money-it began with the promise that the country wouldn’t be harmed or invaded. The nation was on the brink of a major conflict that could have led to our invasion, and the deal was the best option to secure the kingdom’s future. However, when Obama began interfering with Gulf and Arab countries during the Arab Spring and empowering Iran, it was clear that this agreement had been broken.
I completely agree with your points about hiring American companies and the brilliance behind the petro-dollar strategy, but when the U.S. started doing exactly what they had promised not to do, the deal became null.
Now, regarding the protection of our land, we all know that it is ultimately in God’s hands. But as God said, we must take action, build, defend ourselves, and avoid putting our people in harm’s way. There’s no doubt that when we are faced with situations where no lives can be saved and all paths lead to suffering, we will stand firm. I won’t say we will be like Yamani, whom I respect greatly, but we will be like our ancestors-the Prophet’s (peace be upon him) companions. May Allah bless them all.
Vision 2030 is proof that Saudi Arabia has moved beyond the old deal. The main goal of this transformation is to end dependency on oil. In the past, much of the wealth was spent by the royal family, but that has now been significantly cut. The money is being reinvested into the country’s infrastructure to diversify the economy. Moreover, Saudi holdings in the U.S. Treasury have been declining, and a recent deal with China to sell oil in their currency reflects this shift. Saudi Arabia is carefully concluding the old deal, but you can’t sever ties with a superpower overnight. Nonetheless, the change is clearly happening.
As per my knowledge king Faisal ,showed, absolutely not,type behavior and america had to face tough time without oil supply from Arabs , that's why they murdered shah Faisal by a technique by involving the family member of shah Faisal in the matter.
A valid explanation of US foreign policy with regard to these matters, especially with Kissinger as Secretary of State, and the petrodollar, except that you conveniently gloss over something major - there wouldn't even be a need for or value in oil if not for the West and Europeans.
As a matter of fact, it is almost entirely because of Western technological innovation over the past 200 years that there even is a modern world.
If not for this fact, there would be no internal combustion engines, cars, planes, the industrial revolution, lightbulbs, the electrification of cities, the silicone microchip, semiconductors, computers, software, the internet, the telephone, radios, rockets, spacecraft, cameras, microwave technology, satellites, and over 90% of the inventions that have shaped the world as we know it.
As the King even said, and you also mentioned, if they felt the need to resist US intervention and blew up their oil fields as a last resort for maintaining control of the supply, they would simply go back to living a tribal desert life as they had done for thousands of years and it the rest of the world that would suffer.
I found it incredible that you didn't hear yourself when you were saying that the structure of the deal that was created by the US which generated trillions of dollars for them 13:57 "for nothing, we haven't produced anything,.. furthermore when they want to develop Saudi Arabia and they want to Westernise it, guess who they're going to come to: us. They're going to come to us for construction companies, technology... it's almost satanic... I don't know how they fell for it."
Um, that is precisely the only way, by definition, that they could 'Westernise,' and that is what they wanted and needed to do to transform their societies by trading their oil for Western ingenuity. How else would they 'Westernise', i.e., develop into a modern technological society, seeing as they hadn't invented any part of it?
You're ironically making this video with the aid of every technological invention around you, only possible because of Western countries, but you don't seem to recognize this.
Middle Eastern people simply happened to live where the largest reserves of fossil fuels were under their feet for millions of years before they ever stepped foot there.
Western and European countries are the reason that the world isn't still living in the Stone or Bronze Ages any longer, as well as the reason that the Saudis are as rich as they are and drive gold Rolls Royces. And for that matter, the reason that you are even able to make this video. Otherwise, it would still be buried in the ground beneath them as it had been for millions of years before, with them still completely oblivious as to its true potential.
Kisinger is the messanger of evil of this world
When we see the evils of this man Kissinger, one is left thinking what is left to do for the devil.
@@losrajvosa0078 was? He is dead. Now he is in mini hell of the grave
@@foziaakhtar6230😂😂😂 True, he's also surprised.
And he’s a 🔯
@@bluegarson Qassarien (oops wrong spelling)
A masterpiece video right here brother. Amazingly well executed 🔥
Much appreciated 💎
It was a hit orchestrated by Henry Kissinger. Henry Kissinger is Rotchilds right hand man.
Kissinger is c00king next to his associate Ariel Sharon 🔥 - if Allah wills
Don't worry under comment zship, these struggle to make it out but it's assumed he is currently enjoying azab al qabr BBQ and having a cookout like A real Sharon in the barzakh.
@@fl5537Don’t worry your time is coming soon, could be later today!
Wow!😮
@@yvonneallison8521yes, I’m hyped this doc my came out.
I have a cIp covering this angIe exactly.
King Faisal is the best king ever in the history of Saudi Arabia
How many kings did they have in Saudi Arabia? The kingdom wasn’t always Saudi
@@Lantern_of_Knowledge I think he means in his lifetime, he was born yesterday!
May Allah forgive him, but he was one dumb Mofo of a leader, weak, brainless and had no foresight, only his guilt at the end of his life may be the one things can redeem him when he stopped the oil sale, but you can't sell muslim land and wealth wholesale then cry Jacob took your land and wealth.
He means from Saudi family
That doesn't set the bar high lol (considering both the relatively short history of Saudi rule and that they are ruthless dictators who love the $ a bit too much).
That's like saying he was the best smelling homeless junkie on the street.
I mean look, the "best Saudi king" signed the USA - Saudi petrodollar deal in the 1974.
If that's your best king then woe to us with the worst one...
This Brother never seizes to amaze me in his accumulation of knowledge and research. This channel needs to be bigger and more people need to see this stuff.
@@MrLongLoveTheworld-d9g who is this brother? What's his name?
@@ichheieferit i dont know his name but I’ve seen several of his videos over the past year and they’re very well researched and thorough
@@ichheieferit i think his name is Ibrahim. Masha Alloh he is good brother .
I decline to be Co-opted into a blackfaced presidency for the sake of an unjust and immoral war-I'd rather trumpie took the reins of their-own wars...
King Feishal is syahid and the proud of ummah, may Allah SWT granted him jannah
Ameen 🙏🏽❤️
may allah forgive and have mercy on king faisal . I saw a video before
th-cam.com/video/hNjHShPVUsI/w-d-xo.htmlsi=0Fo7hytYGa1rxqQM
and i can see how honest and sincere king faisal was in his fighting .
What happened regarding this petrodollar agreement , i believe king faisal was misled and tricked by lies by USA .
we muslim should have a good thought of our brothers .
He was a Saud not Sayyid.
@@hayderia110 He meant "Shaheed"!
I dont now or there wil be any saudi in jennah. But if they are, NOT MUCH i think! The most harmfull and shamefull people to the umah!
It's not American interest. It's Jew world order interest.
True, that is the last of several smokescreens that has to be dropped completely.
New world order illuminati evil world dominance 👎👎
Based.
It's become unavoidably obvious with the massacres in Gaza & Lebanon as the world is forced to watch helplessly.
Really the Satanic agenda ! 😷 😭👹 👺
Rahimahullah, un de nos derniers heros. One of his last statements before getting killed was on Palestine. Very emotional statement.
some stupid people think we live in the most peaceful era of history
Most ignorant time maybe
@@Isteyak-78 they must be blind
We do. You just don't know history.
@@2livenoob we don't. You just don't know Present time.
the winners of war have revised history, continuity has been broken and we are all in drone mode
This info should be included in the history curriculums of all schools the World.
Are you aware that the American school system is funded by the same ppl who funded Israel? They will not teach history just His-Story
@@aminaragin the western schools still can’t get over the holocaust, never mind teaching this stuff
I'm so glad i got this video as a recommendation, very well explained😮❤
Look at the thumbnail, king Faisal is portrayed with devil horns and Henry Kissinger, security-adviser of Nixon, sits relaxed with his back to 'devilish' king: no worries.
Kissinger, he could probably be listed in top 5: pure evil men of last two centuries. He was intelligent, sick and very sick!
He was known for his illegal type of warfare and deepdark quotes like; "The illegal we do immediately, the unconstitutional takes a little longer".
He was a Jew, but he said outrageous things about Soviet Jews. His illegal and unconstitutional actions had real-world consequences; more then six million victims in Indochina, Cambodia, Vietnam and who knows where else.
Amazingly this w*rcr*m*n*l, despite accusations by critics, got a Nobel peace price 1973! Yet again an American govern official does not get jailed! And ofcourse Nixon and Ford should have been jailed!
Biden, Netanyahu and their administrations!
The message: Muslims need to unite. The USA-led West have devided us. Look what they are doing to the Ummah. Taking us out one by one and often we help them in some way or form..
❤Palestine🇵🇸
many of these conflicts he instegated would have happened regardless at some point, so he culdnt be convicted beyond reasonable doubt thts how it works in the west [thnk god] we have moved on frm monkey medievil judicial system
@@mohamedelbarkany6107 I think christians and Jews to unite too. I hate religious rhetorics
Akhi you should be a guest on so many podcasts. Your content is that good.
This was a fantastic breakdown of the the situation between Saudi Arabia and the United States of America. The only point which I beg to differ is the suggestion that King Faisal was somehow 'hoodwinked' into the Petro Dollar deal. I believe he signed up to this deal because it ensured his family would remain in a position of Leadership forever.
Absolutely Brilliant breakdown Sir.
That is a valid perspective, affording the king and excuse us about as much as can be done before committing to the idea that he entered into this agreement wilfully and intentionally (such a pill is very hard to take, in all honesty).
Many thanks 👍🏽
To piggy back off of that comment, ultimately this is usury, and a act against Allah (eliminating gold for monopoly papers) this along with other acts that are against our religion have put us in the state that we are in. May Allah have mercy on us.
@@yahyalnb thes west created oil markets and the technology to drill oil, without this the middle east wuld still be a very poor region
@@Historyun wer wuld the saudis invested ther profits if nt in the u.s? i wuld argue thy didnt have many options to strt with.
@@222-i6o you missed the main point I was making. Unfortunately your definition of invest involves usury. My point stands
Finally found an African Brother so good in practical Economics and how money works!
DAMN, THIS VIDEO BROTHER MAY ALLAH BLESS YOU
It shows bravery has no substitute. Thanks man bringing up crucial history.
I recommended any and everyone to join the exclusive membership and benefit from the courses Ustadh is great at articulating and in presentation like you are watching a film , unbiased and raw information my only complaint Ustadh is I wish I could learn in aqueedah I appreciate your work BAArakallahu Feek I am a revert from US and learned a lot
Barakallahu Feekum for your feedback and encouragement 💎
brother, this was amazing- this might be one of the best TH-cam videos I have ever watched. I specially admire how you make all of this political history simple and easy to understand for us regular folk; You have gained a subscriber today because you made all this extensive history look like a talk you have with one of your friends over a coffee. if there's one thing I like about your content is how god you are at simplifying difficult politics into a digestible conversation. Well done bro.
Barakallahu Feekum and thank you for your feedback 💎
@@capkrunch7029 2 subscriber. You explained this very well.
@@TusharC-zc4rumany thanks 🙏🏽
Great video! Thank you brother
Thank u my brother for your teaching on what went on in the 1970 I am American but I am not a follower of my Governments ugly ways 😢 I am a follower of yeshua/Isa and they are not no mater how many times they say they are i am sad for that 😢😢😢 the Zionest and all who follow their ways are fowlers of EVIL 😢😢😢😢
Massacring men women and CHILDREN are not God's ways 😢😢😢😢 I will still pray for them all but I will never stand with them I cry for all my Muslim brothers and sisters 😢😢😢😢 bless you for your teaching 🙏 my name is Liza
God bless you Liza. Most people are the victims of their government's abuse of power both at home and abroad, we do not condemn the American public for what those in charge (and their allies) have done abroad.
@Historyun God bless you my brother 💔
The petrodollar agreement was one of King Faisal's most strategic decisions, made during the Cold War when nations were forced to align with either the USSR or the United States. Faisal chose the U.S., and had he opted for the USSR, it's possible the Soviet Union might still be a superpower today. However, the USSR, with its atheistic ideology, was a difficult choice for a leader with Faisal's values.
I watched a documentary where they were saying Saudis brought down the Soviet by flooding the market with cheap oil and putting the Soviet out of business since the backbone of the Soviet economy was oil. I'm sure American Jews were micromanaging the Saudis and telling them what to do and how to do it but it was the Saudi oil that brought the Soviets to their knees.
Hmmm yeah, but above it aII is a trend/agnd/twards/l-P0Ie/w0/r/Id.
That’s like the view at 20k Feet, above that at 30k you see who fwndėd/prppd/ûp/C00mies
l have a cIp abt this oiI/deaI/&/Hnry/issgnr
Mashallah akhi I have seen a few of your videos and after this one you got ma subscribe
Asalamu alaikum keep up the good work brother
Wa Aleikum Salam brother Nasir, thank you for your generosity and kindness. May Allah compensate you
He was the best of all Arab kings and an example for other Muslim leaders. It's sad we can't even have unity as an ummah on the most important issues.
Thank you so much for this insightful video, its answered so many questions that didnt make sense why King Faisal did that.
The oil embargo of 73 was a collective effort and an action that the Saudis agreed to reluctantly. What made it worse for the west is the oil companies manipulative actions of slowing shipments and creating more oil shortages. They gained.
The assissination of Faisal was a family matter in revenge for the killing of the nephew's father in the early 60s.
Faisal was not what people think of him. He was not the religious, righteous man. He was focused on the preservation of the family and the kingdom he inherited.
I believe the Saudi regime takes the lion's share of the blame for what the middle east is now.
@qualityman1965 True, King Faisal was killed out of revenge by his nephew, Faisal bin Musa'id because King Faisal had ordered the killing of his(King's) half brother Prince Musa'id bin Abdulaziz, also for allowing the the killing of Faisal bin Musa'id's older brother Khalid bin Musa'id, in addition to having many other family disagreements.
This is almost well spelt out in Sheikh imrans lectures delivered 20 yrs ago and he said exactly has you are laying out…Saudi Arabia agreeing to sell oil to only in US dollars, 1973 Petrodollar was born and it became or function has mountain of Gold. Great video 🫶🏽🫡
They called our beloved sheikh crazy 😢 our beloved teacher who thought us the games of dajjal they deserve what is coming 😢 over 20 years he was talking and nobody listen to him even the poorest of civilian's are blind the Rich are blind 😢
great info thanks😄
Allahu'akbar. For all the history you've spoke of, there is just one single underlying factor every Muslim should recognize and understand. In the end, such a great country fell simply because it involved itself with "INTEREST". One of the major things Almighty Allah tells us to avoid in the Qur'an.
What? Saudi is the safest country if not one of them. Where are the rapes murders drugs criminals? That place is safe because they obey the ruler, destruction comes to a ppl when they go against their leader
Jazakhallahu khairan
Assalamu alekum, I think you should do hsitory about Gaddafi too, His assassination has something to do with his decisions on on this topic too.
Who is this intellectual speaker please? I'm just knowing him for the first tiem, and I can confess he is an asset in these discourses. He revelas historical facts that are in the shadows for us to learn palinly!
I think this is the brother I lost the contact for a while. I am glad I found him here . He is by profession an accountant , but quite knowlable Western world's tricks on muslims .
Love your content please keep making more
They didn't 'fall' for it, Perkins mentioned it, 'they are corruptable', not individually but collectively (who isn't!)
Political, economic and military/CIA pressure normally gets the job done for the USA.
Iran, Venezuela, Cuba etc only a few have withstood the US and all suffered for decades as a result
Brilliant.. thank you brother. Salam alakum
Wa Aleikum Salam
This will never be allowed to happen again. The world has learned the hard way about the malevolence of those who would harm the people.
Man Americas foreign policy needs to become a subject the craftiest people on earth, I do admire it when I look it at objectively and hope the ummah gains such an ability for the sake of Allah
The victor writes the history books. At one point the world pope was carefully selected by the Muslim Khalifah. As little as a few hundred years ago the British army kneeled in front of the Muslim Indian ruler. Yet now Arabs don’t even DARE speak out against Israel. It’s isn’t craftiness, it’s military and economic prowess. But above all, it’s courage. America can say we will attack you. The Arabs will pee their pants before uttering such words…in their own bedrooms.
Humiliation entered the Ummah once the Arabs betrayed
Are you for real?
We don't deceive and lie and cheat and commit many mass genocides and worship the devil
My friend, the Saudis, UAE, Qatar etc have supported and profited from every American war.
How do you think the Iraq war occurred?
How do you think the Afghanistan war occurred?
@smallscreentv1204 Iraq was as a result of Israel convincing the US to invade.
Excellent video.
I think the only misunderstanding was how the US earns interest on Saudi’s money. The saudis earned the interest in their sovereign funds, which was the incentive to make the deal for the saudis.
Very great deal by far for the Americans, but I think in a vacuum, the countries with the sovereign wealth funds have done quite well financially. Doesn’t mean they got their fair share in that trade.
Thank you for sharing this very educational video.
You are most welcome
Amazing analysis
The fact it was his family as well as US involvement tells me everything I need to know.
@@hayderia110
من اين لك بالحقيقة ؟!
عجيب امركم
Brother many countries still are in the same situation as SA. The Ummah need to know all of it, the gate has to be released
It will eventually come into being, InshaaAllah
The only last saudi leader who.had the balls to stand against the west
“We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.”
-James Paul Warburg, whose family co-founded the Federal Reserve - while speaking before the United States Senate, February 17, 1950
The petro-dollar deal was imposed at gunpoint. The US wanted the Saudis to raise the price of oil as far as possible. 80% of all the revenue had to be used to purchase US treasuries. This was a massive transfer of wealth to the US from the rest of the world. The Arabs cannot withdraw/sell their US treasury bonds. Professor Richard Werner.
That's how the dollar got value. A scrap piece of paper in exchange for oil.
And military aid and money spent to protect Saudi Arabia .
Great video. Could you potentially do a video about the Talpiot program and the technology transfer?
Wow! The fight to retain Capital (economy) and Power is so complex
Subscribed!
Watch the documentary called Bitter Lake & Hypernormalisation (Adam Curtis) from what I would personally call the best documentarian of the 20/21st century. It goes into things much, much deeper. The petroleum deal with the house of Saud was drawn up on bitter lake in the Middle East just after WW2. It’s truly eye opening
Excellent work
You blew my mind with the petrodollar.
because it is true
Really Great analysis
People keep giving faisal credit for nothing. He was just as bad as fhe rest. It was the Pakistani Prime Minister Bhutto that kicked sense into his head and assured him of full support if the U.s did anything. The muslims were united alot more than today and he had excellent relations with them all. Faisal jad to be pressured, he was no saint by any means.
The 70s in the US, inflation was burning through and through. 1971 saw the stop-gap measure to cease gold-convertability for the dollar by foreign central banks. When Saudi signed the Petrodollar Deal, it extended lifeline to US and their dollar. Out of a sudden, the world needs more dollar to buy oil - a surge of artificial demand. With that, during 70s and early half of 80s, US could export some of its inflation abroad and foreign oil trade settlement needs the dollars.
Ma Sha Allah knowledgeable information
Review the projected timeline for when various countries will deplete their oil supplies. Then you'll understand the methods of utilizing someone 's else's resources before yours.
You need to discuss Anglo-saxon and Ulster-scot history. That’s the only way to understand their behavior and tendencies.
He was to Ale Saud what Umar Ibn Abdul Aziz was to the Ummayads. Caring for his people, reforming the corruption of the monarchy, acknowledging Shias as part of the nation....all the same steps Umar took. And of course from what I've heard, the Ummayads plotted against Umar....and so did Ale Saud against Faisal. SubhanAllah.
One thing you didn’t mention was how just 3 years prior, the US took the dollar off the Gold Standard. Initially it was described as a temporary move. As the US just needed a little time to stabilize the dollar, and the Standard would be restored. A couple years pass and the dollar still can’t be redeemed for gold. But then Bingo, this agreement occurs. And the dollar now in essence is backed by oil!
great journalism wow
Thank you for a very enlightening video. Is the new Saudi-China economic and even monetary relationship going to disrupt this Saudi-US relationship?
Short Answer: We are Weak
Thanks!
Thank you so much for your support 💎
Recycling petro-dollar fiat currency and mandating using it for oil transactions is indeed was devious and crafty from U.S. Secretary of State at that time Henry Kissinger✡ he played a key role in facilitating agreements that linked oil sales to the dollar, King Faisal scarified the integrity of his country for solidify U.S. military support for Saudi Arabia that was dealine mistake.
@@armageddonf887 in the long run Saudi's are on top seems like it worked out
The Petro-Dollar fiat currency's days are numbered, BRICS and other emerging powers are already dumping the dollar and finding alternatives for it.
@@startingtech3900 Its worked in term of Civil prosperity But that was in exchange for losing State sovereignty.
Yeah, l have a cIp covering H/K in this.
Great person king Faisal is a true hero.
4:01 agreed, it was to create an aura that OMG person of the year, face of the arabs
As-Salaamu alaikum. Would love to see you and Brother Shahid King Bolsen converse.
Bolsen is a Zionist Wahab stooge
Wa Aleikum Salam wa RahmatullAhi wa Barakatuhu
Brother Shahid is a die hard MBS fan.
@@abdulhakeemdawodu6824he is not he think unlike you , you are just hateful
also he is on UAE payroll
he murdered someone in UAE but was let go understanding he would never criticise UAE or Saudis@abdulhakeemdawodu6824
Who were the leaders you mentioned towards the end that did not fall for the trap of linking their resources to the Dollar ustaad?
4:26 absolutely yes
Great video as usual, I’m surprised of how well you know Saudi, even the small details, good or bad, unlike the naive cartonish view that some muslims view the Saudi Royal family.
Also you mentioned that the Saudies tried to buy America’s shares from Aramco little by little. This brings back the debate that was happening in that time between Pan Arabists and the Saudies (50s-70s). The pan Arabist view is sometimes represented by Altuairqi (Energy minister), most of the cabinet advised against a confrontational approach, as it was sean that it would cause more harm than good; rather, the prevailing opinion was to take gradual approach. Seeing what happened to countries that took the 1st approach we know now that the Saudi’s approach was better. It is believed by Arabs that they have the longest breath in preparing for a battle, as some tribes in pre Islamic Arabia spent a generation preparing to take down another tribe, and the longest breath in battles (the battle of Dahes and the Ghabra continued for 40 years). I think this case of how Aramco was nationalized is modern example of such traits
That is correct, and they couldn't have pulled the plug abruptly because the kingdom was still very much reliant on American engineers and advisory services to help them extract and exploit the resource. A slow and gradual transitory period was mutually beneficial however with the Saudisation program and greater investment in local resources, the American hand became less necessary. It worked out in the best possible way
2:45 "The Americans tried to invade Saudi Arabia" then why does the headline say "America once considered using military force" ? Those are worlds apart.
King Faisal was good but it was a big mistake.
May Allah forgive him & grant him jannah.
Ah that most romantic of politicians- Henry Kissing her
😅😅😅
14:30 it's similar in ways to the CFA Franc and how France has West African countries finances under it's control.
If other countries can buy Saudi oil in non-US currency, then they don't need to stockpile the US dollar. That is a level of independence for the buyer country.
Is this why MBS ducked the BRICS summit in Kazan, RUSSIA last week? Brilliant analysis sir
Very onesided perspective, first the gambling of blowing oil fields happened during the 1973 war between Arabs and Israel.. the deal happened afterwards and the main reason was the agreement that Saudi can buy the shares of the american companies and have full owner ship on the oil and production, before that Saudi Arabia used to get a fixed amount per barrel and a small share of the profit. This decision is what made Saudi Arabia the very wealthy county we knows today.
Tesekkurler 🇹🇷🌷🌹
It really angers me when i see people thinking that us saudis want a democracy, we dont. We love our monarchy.
Your level of IQ IS MASHA ALLAH 🤝
May Allah have mercy on king Faisal rahimahullah. I also wish he wouldn't allpw the satellite dish in Saudi.
His generation May have survived in the desert, just as he told Kissinger but modern generation will never accept that
Anthony Blinken is the modern day Kissenger
Thing is we are Muslims and we had a Book send by one and only GOD of us all ALLAH Rabul Allamin and we had promised to be obedient and follow, but unfortunately we forgot and left the book and it's message and now all we have suffering and pain. Problem is with our brains we think what will this book give us when this world is so advanced and that what lead us to all this mess. Truth is book holds not just success in this world but promise the success in afterlife when currency was not dollars or gold it all about our deeds and what we bring good or bad from this world and only superpower on the day of judgment is one and only GOD of us all ALLAH Rabul Allamin who is superpower today also but this is just a chance given to us to test our ability for nest life. Anyway of Muslims just focus on there beliefs and follow the respectable Book The Quran and do good deeds then no one can scare us or even touch us with harm if our Lord ALLAH Rabul Allamin will we will servive with good and if HE want to test us or distroy us no one can protect us accept HIM the almighty with all the powers and to HIM we belong and to HIM we return insha ALLAH
Very good and informative. I feel like that was a business deal a lot of people benefited from. I feel that China or Russia would have made the same deal or similar. Obviously Saudi officials wasn’t hearing any of that and liked what the Americans proposed the most. That deal is actually really good for everyone. As far as the American invasion I truly believe we have a plan to invade everyone or at least explore the option. That era was very different and a lot of today’s current global economics and current landscape was being forged then. Saudis best option on who to work with was definitely the US then and they have benefited very well. They have a very high gdp. Also America had a lot to do with early refinery achievements there and invested money into it. I’m no scholar in geo politics and usually look for the bad things but I see good in this. Would hate to see if Russia got it during Cold War era. They were on the way down and China wasn’t ready. Britain seems like they had part in discovering it there but for some reason didn’t follow through properly. Thank you for this excellent breakdown. Very good at relaying information.
The Petro Dollar. In order to buy oil, nations must produce and sell cheap goods in the United states in order to get dollars in order to buy oil with dollars. This has undermined the value of the dollar. So many dollars have been printed and borrowed into existence to provide the world with oil money that it has destroyed the value of the dollar. Secondly, it has undermined quality. Other nations must sell their products at lower prices to gain a sales advantage in order to obtain dollars so that they can buy oil. This has hurt development around the world. It has forced every country to send products to the US to sell in order to obtain dollars so they can buy oil. It has destroyed manufacturing in the United states when in fact similar products being manufactured by other countries are for sale here which has put domestic manufacturers at a disadvantage and driven them out of business by competitors whose labor cost is much lower and whose prices are significantly lower. The citizens of the United states have borrowed literally trillions of dollars which end up outside the US so that other countries can buy oil and pay for it in dollars. American citizens are paying taxes and owing money they have no access to so that the rest of the world can buy oil. The petro dollar has destroyed the dollar through inflation, put American manufacturing at tremendous disadvantage, forced countries to flood the american market with cheap imports in hopes of obtaining dollars just so they can buy oil. It is an extremely subversive mechanism to undermine US manufacturing and destroy the value of the dollar while being sold as the idea which keeps the dollar strong. LLXIIX77
It's not that simple that they fooled King Faysal for petro-dollar. I once saw a documentary, on why saudis really had no choice except to to tie oil to dollar. I don't really remember the details, but you can research to understand it better.
Did you not hear what the Saudi Finance and Oil minister said in the interview or the anecdote of Faisal when they threatened to take away everything?
America didn't have that sort of card to play in the 1970s. They had to compromise and remain diplomatic, the Saudis were not forced to do anything
@@Historyun thers no were else to put the money man
They were promised US military protection .
@@rubycian4440 without protection they would have been meat on the table for soviets, Iranians, Egyptians, Syrians, Turks. It's a tough neighborhood
It was a marriage destined to fail. Linking Oil to US Dollar was a Policy Error.. but in 1972-73, the Saudis were on a weak wicket.
Mosaddeq wanted Iranian Oil for Irans development and was removed in an American coup.
Faisal acqueised, and was not thrown out like Mosaddeq. Mosaddeq was right on principle.. but US / UK wished to "invade" and take the oil FOR FREE.
Essentially a Colonial Project. "Take their Gas (for free) and kick their Arse" was / is The Policy.
Dear you had channel ilm film i believe. Is that content still available.
Yes the legacy content is available on Patreon free of charge
WE ARE DOOOOMED
From one extreme to another! What sinister leverage did they have against the Saudi establishment
You can show as many videos in news feed , but I will take those dollars back asap
The SA is the only foreign embassy in Washington guarded by US Secret Service Agents.
So I owe an apology to the current Arab regimes for critiquing them not launching an oil embargo. Although it may still be effective to cut off production? Yes, the oil sales are deposited in dollars. But without oil itself to run the economy, even for a short duration, there could still be some impact? Unless the US has another source to make up for the deficiency, this could still be an effective political move.
America has so much oil - under the Trump Administration , USA exported oil to other countries it has so much …
( BUT NOT BACK IN THE 1970’s ! )
akhi can you reupload your videos without music
The petro dollar essentially replaced gold backing the dollar. The u.s. dollar stopped being backed by gold in 1971 😂