The Petrodollar Death Spiral_ Iran's Bold Move and Its Impact

Today we’re diving into a pivotal shift in the global oil landscape, exploring how Iran’s recent actions are challenging the long-standing petrodollar system that’s been dominant since the 1970s. The term "petrodollar" itself refers to the practice of trading oil in U.S. dollars, a framework that has solidified the dollar’s status as a cornerstone of global finance

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