The US is losing its grip on the gulf—while China gains stature

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Gulf countries looking to reduce reliance on the US are also settling more trades in Yuan.

By Sriram Iyer  April 20, 2026, 11:30:44 AM IST (Published)
Growing private frustration with the Donald Trump administration’s lack of strategy, despite initial lobbying against the escalation against Iran, has led Gulf leaders to question the US security guarantees, and to court China to balance the equation.

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