Discover how the petrodollar system is unraveling as Saudi Arabia and Gulf states forge new defense alliances with Pakistan and China, distancing themselves from decades of dependence on the United States in a rapidly changing multipolar world. This is the first part of an interview with Alex Krainer, a Croatian citizen living in Monaco, published on the Geopolitikaczsk YouTube channel. Previously, Alex Krainer worked in the oil trading industry as an oil market analyst, then served as a hedge fund manager for about 15 years, and has authored three books that were banned.
The global financial order is undergoing a fundamental shift as the petrodollar system crumbles under the weight of its own contradictions. In a revealing interview, geopolitical analyst Alex Krainer highlighted how Gulf states, long tied to the U.S. dollar in oil trade, are actively breaking free from American influence. "They agreed to conduct their exports in U.S. dollars... and now they find themselves trapped," noted Alex Krainer, explaining that their accumulated wealth in Western institutions no longer guarantees security.
Saudi Arabia, on the other hand, has signed a mutual defense agreement with Pakistan, recently expanded to include a nuclear umbrella. This move signals a broader realignment of power, where regional powers prioritize sovereignty over subservience to Western financial institutions. Krainer emphasized that leaders in Gulf countries now view the old structure as an "illusion" and are seeking new guarantees from Iran, Pakistan, China, and Russia to ensure stability and prosperity.
Alex Krainer stated that "Trump was under pressure to attack Iran as early as the summer of 2019, seven years ago, and at that time he decided not to launch an attack on Iran. At that time, we also learned who was putting pressure on him to attack Iran. It came from the British Embassy in Washington, where the ambassador was Sir Kim Darroch, and it was a dispatch between the British Embassy in Washington and the Foreign Office in London. It was released by the group Anonymous, and we found that it was Sir Daroch who organized this campaign of pressure on Trump. They were very upset when Trump refused." However, this did not deter Sir Darroch, who still believed that it was possible to manipulate the American president into attacking Iran. He sought to achieve this by surrounding Donald Trump with people who would "whisper" this to him, including Steven Miller or Susie Wiley, who are still present around him. "Trump is just playing his role," said Alex Kraimer, adding that those who follow Trump will continue this policy.
The implications for global energy markets and geopolitics are profound. As these states reshape their security frameworks, the United States faces a diminishing influence in the Middle East. This dynamic transformation underscores that the world is moving towards a multipolar integration, where trade is driven by thriving neighbors, not dependence. These insights come from an interview with Alex Krainer in the aforementioned video.
To be continued tomorrow….
gnews.cz - GH
You can watch the full video (in Czech) here: