This is a reason the Middle East’s major oil-producing countries have been selling their U.S. Treasurys
Need for Liquidity Drives Middle East Oil Producers to Sell US Treasuries Amid Iran Conflict Major oil-producing countries in the Middle East, including Saudi Arabia, the UAE, Qatar, and Kuwait, have been reducing their holdings of US Treasuries in recent months, with a key factor being the urgent need for liquidity triggered by the ongoing … Read more