Chapter 1267: Chapter 500 Super High Profit_2 Chapter 1267: Chapter 500 Super High Profit_2 The geographer's conjecture lacked substantial data and theoretical support, but at this time, the Middle East was plunged into despair due to the sudden disappearance of oil. Knowing that a catastrophic disaster might occur in the Middle East, they were even more panicked. Not only had they lost the immense wealth brought by oil, but they also found themselves sitting on a huge powder keg, where an intense explosion might occur underground at any moment, potentially blasting them all skyward.

Recognizing this desperate reality, the wealthy in Middle Eastern countries began to flee frantically. They sought to immigrate to countries that were safe enough. These Middle Eastern tycoons, carrying large amounts of capital, were welcomed in any country. However, the majority of Middle Easterners were poor and could not afford to immigrate, leaving them no choice but to wait for death in their own countries. Thus, in a very short period, the entire Middle East was thrown into chaos…

But in fact, the geographer's outcomes were fraught with errors and his results spread widely only because of deliberate manipulation by financial capitals led by the United States of America. Their goal was to create panic to further drive up international oil futures prices. It was precisely because of the geographer's nonsense that no one suspected any connection between the oil that appeared out of nowhere on Dream Island and the vanishing oil in the Middle East, but that's a story for later.

Lu Pingping coldly observed this farce, releasing large oil futures contracts whenever she noticed an increase in market oil prices, profiting from the rising oil prices. These oil futures contracts were sold by Dream Island, which needed actual oil to settle them. But Yan Fei was about to have an enormous quantity of oil, naturally not worrying about settling the contracts. However, the specific handling of this worried Lu Pingping.

The entire world began to fall into chaos due to the sudden disappearance of Middle Eastern oil, except China remained very stable. Because Dream Island had constructed five super nuclear power stations for China, which were about to be connected to the grid. By then, China would have a large amount of clean energy, so they were preparing to vigorously develop the electric self-driving car industry, gradually reducing the economic importance of the oil industry.

China already had a huge production of oil domestically, combined with diversified channels for importing oil globally, and a well-established oil reserve system, so even if there was a sudden large deficit in world oil, the oil crisis did not largely impact China. On the contrary, after discovering Lu Pingping's operations, China also intervened in the oil futures market following Dream Island and earned significant profits.

Oil transactions in the Middle East were priced in US Dollars, and it was precisely because of the strong support from these Middle Eastern countries that the United States formed a global hegemony with the US Dollar, allowing it to economically plunder the world. But with the loss of oil-producing capabilities, Middle Eastern countries could no longer provide further support for the US Dollar hegemony. As a result of historical reasons, not all oil-producing countries worldwide settled their oil transactions in US Dollars. So once the Middle East no longer vigorously supported USD settlements, the international status of the US Dollar began to wobble.

The first to notice the crisis of the US Dollar were some European countries. After being unable to purchase oil from the Middle East, they immediately realized the risk of depreciation in their US Dollar foreign reserves. The seemingly invincible US Dollar hegemony also began to show cracks. Based on economic interest and national security considerations, these European countries began to sell off US Dollar assets in the market, exchanging their US Dollar holdings for assets from other countries…

The maneuvers of the European countries were just a beginning, but as more countries and enterprises realized that the status of the US Dollar hegemony began to shake, they too gradually discarded their US Dollar assets. Once this became a consensus internationally, the dominion of the US Dollar hegemony would officially end. As large amounts of US Dollars returned to the domestic market in the United States, severe inflation would occur, rapidly raising various price indices. By that time, the United States would no longer be able to purchase products and raw materials cheaply from around the world, significantly increasing the living costs of all Americans and certainly causing devastating effects on the US economy.

However, there was still some time before the complete end of the US Dollar hegemony, and after two months of relentless underground digging, Yan Fei finally excavated two huge warehouses near the port on Dream Island. Each warehouse was a standard cube measuring 10000 meters x 10000 meters x 500 meters, and each had a volume of a shocking 500 billion cubic meters, about capable of storing nearly 500 billion tons of oil.

With these two giant warehouses unearthed, Yan Fei had dug out massive quantities of steel rocks from underground, placing them in Dream Island's remaining 7000 square kilometers of territorial waters still shrouded in White Mist. The production of steel cement on Dream Island had entered its peak season, and these rocks would be used to produce steel cement, creating vast profits for Dream Island. Moreover, Yan Fei also began to experiment with directly using steel rocks for building houses. These steel rocks were incredibly tough, rivaling reinforced concrete.

Yan Fei had initially only intended to excavate an oil warehouse, but when he dug to a depth of 800 meters on Dream Island, he found the hardness of the underground steel rocks reached unbelievable levels, so much so that even the shockwaves from a drone had difficulty cutting through. At this depth, Yan Fei suspected that even burying a high-yield nuclear weapon underground would hardly cause the 800-meter-deep underground to collapse.

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