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According to a report from oilprice.com, China has recently completed its first trade of liquefied natural gas settled in Chinese Yuan, marking a significant shift away from the U.S. dollar, which has long dominated energy transactions. This development follows U.S. sanctions on Russia, prompting Middle Eastern countries, including Saudi Arabia—a former close ally of the U.S.—to seek diversification in their trade alliances. Saudi Arabia has now engaged in trade partnerships with China, Russia, India, and several Central Asian nations. These changes come shortly after China brokered a major peace deal between Saudi Arabia and Iran, indicating a rapid geopolitical shift in the Middle East away from U.S. interests, raising questions about the future status of the U.S. dollar.