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Time is running out for Kamala Harris to break with Biden on the Gaza catastrophe (www.theguardian.com)

submitted 1 month ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.ml/post/21396569

Moira Donegan
Mon 14 Oct 2024 06.07 EDT

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[–] [email protected] 5 points 1 month ago

Israel is being the very opposite of a force for stability in the region, which isn’t going to help the Petro-Dollar.

Israel being a destabilizing force gives the US leverage over the oil rich nations of the region. That’s why Israel is important for the petrodollar. I’m also not sure the US currently has a way to maintain its global economic dominance without the petrodollar. That’s in part why I think you see the US doubling down on support for Israel even in a context where doing so is increasingly risky.