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China has completed its first liquefied natural gas trade settled in Chinese Yuan instead of US dollars, signaling a significant shift in global energy transactions. Historically, the US dollar has dominated this market, but following US sanctions on Russia, Middle Eastern countries are seeking to diversify their trade partners. Saudi Arabia, traditionally an ally of the US, has formed a trade alliance with China, Russia, India, and other Central Asian nations. This move follows China's successful mediation of a peace deal between Saudi Arabia and Iran. These developments suggest that the Middle East is pivoting away from US interests, raising questions about the future dominance of the US dollar.