Saudi officials reportedly made “veiled threats” to Group of Seven (G7) nations hinting that the kingdom would sell some European debt holdings if Western allies seized about $300 billion in frozen Russian assets, Bloomberg reported on July 9, citing its sources. According to sources familiar with the matter, officials from Saudi Arabia’s finance ministry pushed their opposition to Western allies seizing frozen Russian assets, implying that the sale of European debt holdings would commence. Debt issued by France’s treasury was specifically named, Bloomberg reported. The vague threats came ahea…
