Thread: Embattled Al Jazeera

Originally Posted by OhOh

Possibly Trump reminded the SA leader of the dollars for oil contract and the fact that Qatar is settling their bills to China for Yuan. We know what happens to those that try that option.

http://www.thenational.ae/business/banking/uae-and-qatar-lead-region-in-yuan-payments-to-china

Did you read that article? The first 2 words show your idea/suggestion to be somewhat silly.

"The UAE and Qatar lead the Middle East in use of the yuan in direct payments with China and Hong Kong..."

UAE - 74% of all payments
Qatar - 60% of all payments.

So how come the UAE is not being blockaded and having sanctions against it?

Originally Posted by OhOh

Possibly Trump reminded the SA leader of the dollars for oil contract and the fact that Qatar is settling their bills to China for Yuan. We know what happens to those that try that option.

http://www.thenational.ae/business/banking/uae-and-qatar-lead-region-in-yuan-payments-to-china

There is also the joint gas field with Iran. If the pipeline to Syria/Europe/Russia is ever built. Co-mingling Qatari gas and Iranian gas has two benefits. Iran and Qatar get their gas into Europe and Russia beats the sole gas supplier obstacle that the EU is always bringing up. The co-mingled gas from Iran and Qatar gets mixed with Russia gas which defeats the EU demands. What the % mix will be unknown except to a few.

It also, if delivered through the NordStream 1 or 2 or a modified South Stream routes, nullifies other EU demands.

Probably not priced in US$ either.

That's assuming the EU is not in ICU by the time the pipeline is built, secured and functioning.