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Close-up of the Trump name on Trump Tower in Chicago, illustrating Trump’s branding amid rising oil prices

Oil Climbs to $110 While Trump Focuses on Renaming Landmarks After Himself

Ethan R. Brooks2 months ago2 months ago012 mins

Edward Stojakovic / Wikimedia Commons (CC BY 2.0) Global oil prices climbed past $110 per barrel this week, the surge coming amid escalating tensions in the Middle East and growing fears over supply disruptions, developments that economists warn could ripple through the global economy. At the same time, former U.S. President Donald Trump has remained…

President Donald Trump at an oil rig, symbolizing the impact of his policies on the petrodollar and global oil markets.

Is the Petrodollar Dying? The Trump Effect on Global Oil

Ethan R. Brooks2 months ago2 weeks ago014 mins

For more than half a century, the U.S. dollar has been the undisputed currency of global oil markets, a pillar of American economic and geopolitical power. This long‑read explores the birth of the petrodollar, its evolution through geopolitical shifts, and how the events in 2026, from Iran War to President Donald Trump’s strategic decisions, are…