US President Joe Biden visits Israel and Saudi Arabia, announces air and sea deals between the Kingdom and the Jewish State in advance of Arab summit in Jeddah. Hamas responds with rocket fire into Israel.
For a half-century, the petrodollar has undergirded the global economy and secured the US Dollar's place as the world's reserve currency, but cracks are beginning to show in the foundation as seismic geopolitical shifts continue in Asia.
As Western nations increasingly disengage from the Middle East, and as Chinese investment in the region continues to grow on all fronts, a question arises regarding the long-term consequences and prophetic implications of such a trend.
