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China recently completed its first liquefied natural gas trade settled in Yuan instead of US dollars, marking a significant shift in energy transactions that have traditionally favored the dollar. This change is critical as the U.S. dollar has held dominance in energy trade for decades. Following U.S. sanctions on Russia, Middle Eastern countries are exploring diversification. Notably, Saudi Arabia, previously a close ally of the U.S., has entered a trade alliance with China, Russia, India, and several Central Asian nations. These events follow China's successful mediation of a peace deal between Saudi Arabia and Iran, indicating a regional pivot toward the East and a potential decline in U.S. influence, raising questions about the future of the U.S. dollar.