Kuwait’s Holdings of US Treasury Bonds Reach $66.81 Billion - Times Kuwait
Source: Times Kuwait
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DW NOTE
Kuwait now holds $66.81 billion in Treasuries while the US deficit runs $1.4 trillion through nine months and total public debt equals GDP. Gulf states aren't financing American stability — they're accepting payment in depreciating IOUs for oil the West still needs.
For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor
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