Gulf States are learning that the 'WeaponDollar–Petrodollar Coalition' was always rigged in West's favour

Gulf States are learning that the 'WeaponDollar–Petrodollar Coalition' was always rigged in West's favour

For decades, Gulf states bought US Treasury bonds and American weapons in exchange for “protection.” Sold their oil in petrodollars. But as Iranian retaliatory missiles target their oil infrastructure and US bases they host, the deal’s fine print hangs in the balance. An arrangement that clearly prioritises Western hegemony and the US dollar over multipolarity. Gulf monarchies — Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman…