HomeOil price collapse – The end of the petrodollar – end of US dominance… War?tbdOil price collapse – The end of the petrodollar – end of US dominance… War?

Oil price collapse – The end of the petrodollar – end of US dominance… War?

#petrodollar #USD #oilprice #war

The petrodollar has provided the US with unlimited fiscal power for decades. Now that the oil price has crashed, Russia has its own reserves, China has immense power and Iran is the sleeping giant being poked, it’s only a matter of time before war begins.

Main article link: https://www.middleeastmonitor.com/20200421-covid-19-and-the-oil-market-crash-spell-the-end-for-us-hegemony-and-the-petrodollar/

Definition link: https://www.thebalance.com/what-is-a-petrodollar-3306358

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