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Petrodollar

"MARITIME INTERDICTION: US Planetary Blockade Dominates Flow of Global Trade, Oil, and Gas," was created by independent journalist Richard Medhurst. It illustrates his argument that the United States is orchestrating a coordinated "global energy heist" to monopolize energy supplies and isolate its geopolitical rivals. Photo: Substack.
  • International
  • Opinion

The US Pulled off an Armed Robbery of the World’s Energy Supply

Richard Medhurst May 9, 2026
Zamin Larzeh (Earthquake), 1971, artwork by Charles Hossein Zenderoudi (Iran).
  • International
  • Opinion

A Primer on the Petrodollar and the War on Iran

Vijay Prashad April 19, 2026
US dollar and Chinese yuan bills. Photo: Sheldon Cooper/Zuma Press.
  • International
  • Opinion

The Time of Petroyuan Has Come

William Serafino April 3, 2026
A visual composition featuring the flag of Iran on one side and US currency on the other side, and text saying that Iran's war strategy targets the US dollar and corporations. Photo: Geopolitical Economy Report.
  • International
  • Opinion

Asymmetric Economic War: Iran Challenges US Dollar, Demanding Oil Be Sold in Chinese Yuan, as it Targets US Corporations

Ben Norton March 22, 2026
US President Joe Biden fist bumps Saudi Crown Prince Mohammed bin Salman (MBS) in Riyadh in July 2022. Photo: Geopolitical Economy/File photo.
  • Asia
  • International

US Pressures Saudi Arabia To Sell Oil in Dollars, Not Chinese Yuan, Amid Israel Negotiations

Ben Norton August 15, 2023
Putin-bin-Salman-Mbs-Xi
  • International
  • Opinion

De-Dollarization Kicks Into High Gear

Pepe Escobar May 2, 2023
Wang Yi, center, China’s top foreign policy official, with Ali Shamkhani, right, the secretary of Iran’s security council, and Musaad bin Mohammed Al Aiban, Saudi Arabia’s minister of state, in Beijing during the ceremony marking the resumption of diplomatic relations between Iran and Saudi Arabia, March 10, 2023. Photo: China Daily.
  • Asia
  • International

Geopolitical Game Changer: China’s Iran-Saudi Peace Deal Is Big Blow to Petrodollar and US Economic Hegemony

Ben Norton April 11, 2023
Barack Obama, Salman bin Abdulaziz Al Saud, Vladimir Putin, Ali Khamenei, and Nicolás Maduro (from left to right). Photo composition: Multipolarista.
  • International
  • News

Oil War: How US and Saudi Crashed Crude Prices to Hurt Russia, Iran, Venezuela in 2014

Ben Norton November 26, 2022
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OPINION: POPULAR POST

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