Petrodollar System and Fuel Exporters

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What has buoyed hydrocarbon prices, according to the text?

Luring Asia and mending ties with Israel

Recycling proceeds in Western capital markets

Military aid from America

War and sanctions (correct)

What did fuel exporters traditionally do during previous booms, as mentioned in the text?

Woo the White House

Deepen crude-output cuts

Recycle the proceeds in Western capital markets (correct)

Buy oil from Saudi Arabia

What was the unspoken agreement between America and Saudi Arabia and friends, as per the text?

America would offer military aid and buy oil from Saudi Arabia and friends (correct)

Saudi Arabia and friends would deepen crude-output cuts

America would deepen crude-output cuts for Saudi Arabia and friends

Saudi Arabia and friends would offer military aid and buy oil from America

What is one reason why Uncle Sam is considered to be a less watchful partner, according to the text?

Now a major oil exporter Signup and view all the answers

What angered America, as mentioned in the text?

Deepening crude-output cuts by Saudi Arabia and its allies Signup and view all the answers

What do Gulf states feel freer to do, as per the text?

Use their mountains of cash however they wish Signup and view all the answers

What is the primary reason for Saudi National Bank's loss in investment in Credit Suisse?

The acquisition of Credit Suisse by UBS Signup and view all the answers

Who is getting less of the oil windfall, according to the text?

ADIA Signup and view all the answers

What is the focus of ADQ's investments, as per the text?

Renewables and tech Signup and view all the answers

What is becoming harder to see due to the shifts in sovereign-wealth funds' strategies?

Oil money flow Signup and view all the answers

Who has been made chairman of both ADIA and ADQ?

Sheikh Tahnoon bin Zayed Signup and view all the answers

What is a growing trend in how 'family offices' manage private wealth?

$500m-1bn stakes in single firms Signup and view all the answers

What is a concern for the West arising from the blurring line between ruling families' personal wealth and that of the sovereign?

Moving funds unnoticed Signup and view all the answers

What industry does Mubadala deem core to its security in its investment approach?

Energy Signup and view all the answers

Where do financial sleuths suspect a share of Russia’s oil earnings is being deposited?

Banks in the Gulf Signup and view all the answers

'More geopolitically astute petrostates create the chance for wavering countries to get financing outside of Western-led institutions' indicates what potential impact of the evolving sovereign-wealth funds' strategy?

Increased degree of freedom for wavering countries Signup and view all the answers