Malaysia Suggests Muslim Countries Stop Trading Oil In U.S. Dollars

The Malaysian Indian Congress (MIC) suggested on Friday that Muslim countries stop trading their oil in U.S. dollars in retaliation to the United States for recognizing Jerusalem as the capital of Israel.   “The power and influence possessed by the King of Saudi Arabia, King Salman Abdulaziz Al Saud, and Prime Minister Datuk Seri Najib Razak will be able to convince oil-producing countries to do away with the trading of oil in the US dollar,” New Straits Times quoted MIC treasurer-general Datuk Seri S. Vell Paari as saying in a…

Shares