Saudi Arabia Picks Putin Over Biden? How MBS Halted This Big Anti-Russia Move By U.S.-Led West

A key U.S. ally, Saudi Arabia, has reportedly halted G7’s plans to seize nearly $300 billion in frozen Russian assets. According to Bloomberg, Saudi officials issued a veiled threat, suggesting they might sell off European debt holdings, particularly those issued by the French treasury, if the G7 proceeded with the move.