|Sheba and Dedan - present day Arabian Peninsula|
policies, Mideast allies chart own course
and other Gulf monarchies, unhappy with a U.S.
pivot from a leading role in the Middle East, are taking more active roles in
the influencing of foreign affairs, such as arming al-Qaeda in Syria's civil
war and bankrolling the Egyptian military takeover. "When you're not
viewed as a reliable ally, and as a country no longer as dominant in the
region, you lose influence on everything," says Elliott Abrams, a former
adviser on the Middle East to former president
George W. Bush. "You'll get less help on anything that doesn't involve
their immediate interests."
Upset at President Barack Obama's policies on Iran and Syria, members of Saudi Arabia's ruling family are threatening a rift with the United States that could take the alliance between Washington and the kingdom to its lowest point in years. Saudi Arabia's intelligence chief is vowing that the kingdom will make a 'major shift' in relations with the United States to protest perceived American inaction over Syria's civil war as well as recent U.S. overtures to Iran, a source close to Saudi policy said on Tuesday. Prince Bandar bin Sultan told European diplomats that the
States had failed to act effectively against Syrian
President Bashar al-Assad and the Israeli-Palestinian conflict, was growing
closer to Tehran, and had failed to back Saudi
when it crushed an anti-government revolt in 2011, the source said. Bahrain
The Growing Rift With
Threatens To Severely
Damage The Petrodollar Saudi Arabia
For decades, if you have wanted to buy oil virtually anywhere in the world you have had to do so with U.S. dollars. But if one of the biggest oil exporters on the planet, such as
Saudi Arabia, decided to start
accepting other currencies as payment for oil, the petrodollar monopoly would
disintegrate very rapidly. For years, everyone assumed that nothing like
that would happen any time soon, but now Saudi officials are warning of a
"major shift" in relations with the United States. In fact, the
Saudis are so upset at the Obama administration that "all options"
are reportedly "on the table". If it gets to the point where
the Saudis decide to make a major move away from the petrodollar monopoly, it
will be absolutely catastrophic for the U.S. economy.
Saudi spy chief says
to 'shift away from US' over Syria,