Super Invincible Battleship
Chapter 1278

Chapter 1278: Chapter 504 Bankruptcy Liquidation_2 Chapter 1278: Chapter 504 Bankruptcy Liquidation_2 After Dream Island announced it would not settle oil trades in US Dollars and Yan Fei advised those holding US Dollar assets to quickly sell them off, governments and business leaders around the world realized something–despite the United States's still formidable military power, it had begun to decline. Consequently, the currency, the US Dollar, was also poised for a fall, making holding vast US Dollar assets a very foolish move.

As a result, within a very short period, there was a massive sell-off of US Dollar assets in the market, causing their value to plummet significantly. More US Dollars then started to return to the domestic market of the United States, initiating large-scale purchases and acquiring many high-quality enterprises and resources from the United States itself.

Originally, having a substantial return flow of US Dollars back to the domestic market was the ultimate goal pursued by the old President of the United States. However, when this goal began to materialize, the old President couldn't be happy because it signified the fall of the US Dollar from dominance and the excessive amount of US Dollars abroad returning at the same time had brought various extremely terrifying negative impacts to the United States…

After utilizing Universal Space to transport 100 billion tons of oil from the Middle East to Dream Island, the oil ocean located underground in the Middle East had reduced by nearly half, with only 100 billion tons left. By this time, the oil flowing down from the granite channels above had become scarce, signifying that almost all of the Middle East's oil had gathered there.

Yan Fei didn't plan to build two more enormous oil warehouses underground on Dream Island to store the excess oil because the cost was just too high. He decided to let the remaining 100 billion tons of oil continue to be stored in the underground space in the Middle East.

This underground space, located deep below at 6500 meters, remained unreachable with current Earth's technological means. Even if someone fortuitously managed to enter such a deep underground, they couldn't accurately locate the narrow downward passage at 6500 meters deep. Naturally, they wouldn't discover the oil ocean beneath the granite, so this oil would never be found, making it just as secure here as on Dream Island.

Dream Island would continually sell oil externally. Only when the oil from the two warehouses was nearly sold would Yan Fei once again consider tapping into this reserve and moving all of it to Dream Island. However, that would definitely take a very long time…

Thus, under Yan Fei's control, the completed Drone Avatars began to travel back through the upward channel to the Middle Eastern surface, then traversed vast distances to return to Dream Island in the North Pacific.

A severe oil shortage had emerged worldwide, but as Dream Island timely released news of possessing vast amounts of oil and offered it for sale at extremely low prices, the nations and enterprises desperate for oil rejoiced tremendously and started dispatching large oil transport fleets to retrieve oil from Dream Island to their countries.

The first to respond to Yan Fei's call and to send oil tankers to Dream Island was Japan, the country closest to Dream Island. Japan was in an awkward position; they had once thought Dream Island lacked any value and, out of spite towards a Japanese person who spread rumors about the Japanese Royal Family's princess, they had willingly given up this strategically important Dream Island. Unexpectedly, under Yan Fei's management, Dream Island turned out to be immensely critical, even uncovering vast oil reserves underground.

It is known that Japan suffers from a dearth of resources, notably lacking the oil necessary for industrial development. Unbelievably, their government had foolishly missed an opportunity for an oil treasure that could satisfy Japan's needs for the next hundred years. However, the Japanese did not dare trouble Dream Island lafter their earlier minor disruptions were exposed by Yan Fei, causing them severe losses. Realizing that even the United States dared not wage an open war against Dream Island, the pragmatic Japanese immediately altered their strategy. Putting aside their jealousy, they began to align closely with Dream Island, hoping to use its support to revitalize Japan's economy.

Japanese enterprises were the first to dispatch an oil tanker fleet to Fantasy Island, and right behind them were the South Korean oil tanker fleets. Both Japan and South Korea, utterly reliant on oil imports, had plunged into panic after oil from the Middle East suddenly disappeared. At the height of their desperation, the sudden availability of oil from Fantasy Island was like sending charcoal in snowy weather. Thus, upon learning that Fantasy Island was selling oil, they immediately sent their oil tanker fleets to purchase it.

Three days later, the Japanese and South Korean oil tanker fleets arrived at the Fantasy Island Dock and connected to the huge oil pumps on the dock. When journalists present at the scene saw high-quality oil being pumped out in large quantities and quickly filling the tanker fleets, the news that Fantasy Island had substantial oil reserves was finally confirmed. Then, more oil tankers from various countries began to approach Fantasy Island to buy its oil…

Of course, since the currency of Fantasy Island had not yet been officially issued, this oil transaction was conducted in Chinese Currency. Future oil transactions, whether conducted in Euros or Chinese Coins, would not involve the US Dollar, whose international status was already precarious.

At that moment, the normally sluggish US Congress passed a bill with utmost efficiency, previously submitted by the former President, deciding to extend extraterritorial jurisdiction over all other countries and enterprises worldwide. This bill stipulated that any country or enterprise with economic relations with the United States was forbidden from purchasing oil from Fantasy Island, under threat of punishment. The bill not only prohibited these countries from buying oil from Fantasy Island but also from purchasing any of its products.

The essence of this extraterritorial jurisdiction bill was to force all countries and enterprises worldwide to choose sides. Choosing the United States would inevitably mean losing Fantasy Island, and vice versa, a tough decision with no room for a middle path.

To alleviate global anxiety over the oil shortage, the United States immediately announced its vigorous support for domestic oil extraction, especially shale oil, which was a focal point of U.S. support. With national-level backing, American oil enterprises began declaring their readiness to invest heavily and upgrade their oil wells to double current extraction technology and expand the global oil supply, deterring everyone from solely purchasing oil from Fantasy Island. Then, the US Government urged the whole world to buy oil from the United States, emphasizing its capacity to meet global oil demand.

This combination of moves by the United States wielded a deterrence effect on countries with significant interests aligned with it. Aside from East Asian countries and India continuing to send oil tankers to Fantasy Island, other major Western nations hesitated and temporarily halted contact with Fantasy Island; even oil tankers en route to Fantasy Island stopped advancing and awaited orders. These countries were still engaged in fierce domestic debates, seeking a way to circumvent US extraterritorial jurisdiction and maintain neutrality in this forced alignment.

Yan Fei was utterly disdainful of the US's retaliation. However, on the night the bill was passed, he summoned a hidden underwater Drone Avatar. Yan Fei himself also boarded a drone and, under the cover of the vast night, crossed the Pacific Ocean toward the United States mainland.

After several hours of long flight, Yan Fei once again arrived on the United States mainland. He chose to land in the picturesque Rocky Mountains of the western United States, set up a simple tent atop the mountains, and settled there, while the drone hid in a lake at the top of the Rocky Mountains.

Waiting until the Drone Data refreshed and the drone regained its peak combat strength, under Yan Fei's control, the drone swiftly took off under the cover of darkness toward several of the most important oil extraction centers on the United States mainland, aiming to reduce the US oil extraction capabilities to zero.

Yan Fei had planned beforehand; as long as the United States dared to target the oil from Fantasy Island, he would destroy their oil extraction capabilities, rendering the US countermeasures ineffective. The United States had made its move. Now, it was up to Yan Fei to execute his planned response.