geopolitical influence Tag Articles
What would happen of the dollar lost its status as the petrodollar
If the US dollar loses its status as the primary currency for oil transactions, it could have significant economic and geopolitical effects, including a decline in the demand for the dollar, a loss of US geopolitical influence, and greater complexity in the global oil market.
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What is petrodollar?
Learn about the petrodollar system and its impact on the global economy, US geopolitical influence, and oil markets. Discover the advantages and drawbacks of the petrodollar system, and the growing trend to remove or replace it.
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