. reporter: one is to improve relations with saudi arabia given restraints, concerns about human rights abuses. but the oil issue, the fact saudi is cutting production and forcing up costs, that won t help at the gas pumps in the united states, and it will be counterproductive to what the united states wants in ukraine because it gives more money to russia to fund the war in ukraine. so that is another issue. normalization of relations with israel, that is what the united states wants saudi arabia to do, how can that be achieved, well, can it be achieved through better economic cooperation. there seems to be cooperation discussed on cleaner energy. there is talk in the past that saudi arabia would like a domestic nuclear power energy program, clean energy, if you like, potentially part of a deal to normalize relations with israel. none of this is being discussed in detail publicly. these are some of the topics
and bear in mind as well, this is an area, especially the gulf, countries in the gulf have been accused of siding with russia on the oil issue. and they have upset the west by doing that. so i think a plea for countries to look into themselves and to give ukraine the support that president zelensky wants, and he is looking for support in all quarters, and he particularly wants greater support from the global south, and maybe you can include the arab world and out. ., ., , ., and out. returning to what you touched upon and out. returning to what you touched upon earlier and out. returning to what you touched upon earlier with - and out. returning to what you - touched upon earlier with president assad, you are right, there was a point where it looked like he would lose that civil war, until russia intervened to support him. he is now
trngszs around the world are based on the dollar he in other words one side is the dollar. by far. 90%, bret. the euro is second. the yen is third. the chinese currency is far, far distant fifth. i think it s a couple of percentage points. china is a closed economy. china has capital controls. china does not allow financial transactions to come in and out. china is not a good place to invest but i will say this: i understand because of foreign policy and economic policy the saudis are flirting with the chinese. that may be more of a national security issue. it certainly is an oil issue. i don t think it s as yet a currency issue. regarding russia it was mentioned before russia takes a lot more the chinese are buying russian oil so that s the
just the general america first policy posture that he seemed t embrace. so it was kind of hunt hard to understand what he was saying. i have a great deal of effort difficulty understanding what h was saying great i think he was trying to adopt them populist conservative messaging heading into the next election season. tom, i want to play the moment were biden i think got trapped on the oil issue that congressman schooley s and i were just discussing. watch. record profits i think is outrageous. why? too little increase in domestic production. when i talk to them they said we re afraid you re going to shut down the refineries anyway so why should we investor them. i said we re going to need oil for at least another decade. we are going to need a.