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Transnational Thursday for June 13, 2024

Transnational Thursday is a thread for people to discuss international news, foreign policy or international relations history. Feel free as well to drop in with coverage of countries you’re interested in, talk about ongoing dynamics like the wars in Israel or Ukraine, or even just whatever you’re reading.

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It does seem interesting. What remains to be seen is to what extent the Saudis will actually start pricing or selling at least some oil in currencies other than USD, and whether the US will be less committed to defending the current Saudi regime.

and whether the US will be less committed to defending the current Saudi regime.

Presumably they would? My loose understanding is that the Saudis would likely start developing their own nuclear deterrent without the US defending them, and the US is pretty keen on avoiding nuclear proliferation.