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China has completed its first liquefied natural gas trade settled in Chinese Yuan, marking a significant shift from the U.S. dollar, which has dominated energy transactions for decades. This development follows U.S. sanctions on Russia, prompting Middle Eastern nations to seek diversification. Notably, Saudi Arabia, once a close ally of the U.S., has formed a trade alliance with China, Russia, India, and several Central Asian countries. These changes come shortly after China facilitated a major peace deal between Saudi Arabia and Iran, indicating a strategic pivot in the Middle East towards aligning with Eastern nations and moving away from U.S. influence, raising concerns about the future of the U.S. dollar.