::Today Saudi Arabia uses its petrodollars to purchase defense contracts, rather than exchange them for U.S. gold reserves. For example, rebuilding the oil refinery destroyed by Iranian drones a few months ago requires a new early detection radar system to identify a massed, low-flying drone attack, coupled with a missile defense system to shoot down swarms of low-flying drones - the latest in defense technology. This is paid for with petrodollars. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 11:46, 25 February 2020 (EST) | ::Today Saudi Arabia uses its petrodollars to purchase defense contracts, rather than exchange them for U.S. gold reserves. For example, rebuilding the oil refinery destroyed by Iranian drones a few months ago requires a new early detection radar system to identify a massed, low-flying drone attack, coupled with a missile defense system to shoot down swarms of low-flying drones - the latest in defense technology. This is paid for with petrodollars. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 11:46, 25 February 2020 (EST) |