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  • Petrodollar

Petrodollar

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

NEWS: POPULAR POST

  • Venezuelan acting president Delcy Rodriguez during a meeting with the Interreligious Forum of Venezuela at Miraflores Palace, Caracas, on Tuesday, April 7, 2026. Photo: Venezuelan Presidential Office.Acting President Delcy Rodríguez: ‘There Are People Who Have Benefited From… April 8, 2026
  • Two persons reading a National Electoral Council sign in front ot a voting center in Venezuela ahead of the May 25 elections. Photo: Telesur.Calm in Venezuela on the Eve of Regional and Legislative Elections May 25, 2025
  • Various denominations of Chinese Renminbi (RMB) banknotes, which are the official currency of the People's Republic of China. Photo: Alexandr Demyanchuk.Iran’s Hormuz Strait Toll Hits Petrodollar, Accelerates BRICS De-Dollarization April 8, 2026
  • Venezuelan President Nicolas Maduro and his wife Cilia Flores wave after his swearing-in ceremony for a third term in Caracas, Venezuela, Friday, Jan. 10, 2025. Photo: Ariana Cubillos/Associated Press/file photo.President Maduro’s Easter Sunday Message: Truth, Reconciliation, and Love Always… April 5, 2026
  • Brazilian President Luiz Inácio Lula da Silva using a smartphone. Photo: AP/Eraldo Peres.Brazil’s Pix ‘Could Be Real Regional Alternative to SWIFT,’ Expert Says April 8, 2026
  • Cuban Foreign Minister Bruno Rodríguez. Photo: Periódico Digital Centroamericano y del Caribe.Cuba: The US Seeks to Destroy Latin American and Caribbean Unity April 8, 2026
  • Cuban president Miguel Díaz-Canel meets with US congresspersons. Photo: X.Cuba’s Díaz-Canel Outlines Key Points of Meeting with US Congress Members  April 7, 2026

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OPINION: POPULAR POST

  • US flag covering the globe, indicating US hegemony over the world. Illustration: New Eastern Outlook.The US War on Iran is a US War on Multipolarism April 5, 2026
  • A shadow of a person behind bars in a jail cell. Photo: Ye Jinghan/Unsplash.The Trump Administration Admits to Medically Experimenting on Trans People in Prisons April 3, 2026
  • Members of the Bolivarian Militia of Venezuela (Milicia Bolivariana) during a military parade. Photo: Monthly Review.Defending Venezuela: The Problems With ‘Brest-Litovsk’ and Cosmopolitanism April 4, 2026
  • President Maduro's two-handed gesture, which means "Together we will win,” sketched on a placard at a Chavista rally. Photo: Alba Ciudad/File photo.President Maduro’s Trial Will Not Bring Justice, but It Can Weaken US Imperialism April 2, 2026
  • Drugshandel-Tycho_OpenGraphThe Western Powers Are Not Against Drug Trafficking; They Profit From It April 6, 2026
  • US dollar and Chinese yuan bills. Photo: Sheldon Cooper/Zuma Press.The Time of Petroyuan Has Come April 3, 2026
  • A family home in Baalbek, destroyed by a Zionist airstrike. Photo: Vanessa Beeley.The Killing Fields of Lebanon as ‘Israel’ Lashes Out at Civilians April 8, 2026

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