The Global Push to Ditch the US Dollar in Oil Trade: Economic Power Plays and America’s Strategic Response

By Stephen Zogopoulos, USNN World News For decades, the U.S. dollar has reigned supreme in global oil trade, cementing its position as the world’s dominant reserve currency. This system, known as the petrodollar, has given the United States significant geopolitical influence and financial clout. However, recent efforts by several countries to trade oil in currencies […]