Emerging energy partnership threatens US dollar as global reserve currency

The World

The Russian invasion of Ukraine is revealing a growing energy partnership between Russia, China, Saudi Arabia and India. As Europe and North America seek alternatives to Russian oil and gas, Moscow, Beijing, Riyadh and, to some degree, New Delhi are making deals on oil, gas and pipelines that could end up sidelining the dollar as the global reserve currency. Host Marco Werman speaks with former Ambassador Michael Gfoeller, whose State Department career included posts in Saudi Arabia, Bahrain, Iraq, Russia, Armenia, Moldova, Poland and Belgium.