Is the Petrodollar Dying? The Trump Effect on Global Oil
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…