The petrodollar — a term describing the post-WWII global system of trading in oil almost exclusively using the U.S. dollar — has literally built and buttressed the U.S. empire for decades.
Saudi Arabia has long been a stalwart supporter of the U.S. petrodollar, which it adopted in exchange for security provided by the dominant U.S. military.
But that arrangement may be about to change.
…Read the article in its entirety at PJ Media
Ben Bartee is an independent Bangkok-based American journalist with opposable thumbs. Follow his stuff via Armageddon Prose and/or Substack, Locals, Gab, and Twitter.
Originally published via PJ Media:
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