‘Strait of Hormuz to determine future of global economy’
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran | Fortune
The Petrodollar Loop Supporting the Treasury Market Is Broken
Dollar dominance is reinforced by the global oil trade, but the Iran war could give rise to the ’petroyuan’ as U.S. security shield weakens | Fortune
US dollar: ‘Wounded hegemon’ or secure as most powerful currency on earth?
Expert Comment: Is the dollar’s dominance crumbling? | University of
美股止升回跌
Many Exporters No Longer Want Dollars, US Bank Executive Says
How Trump Could Dethrone the Dollar
The US dollar’s role in the international monetary system is now dangerously in flux