TheLegendaryBigBoss said:
Wonder what would happen if the middle east stopped using US$ for oil |
They had that plan to switch to the Euro, then 4.5 million people died in the Middle East from the Afghanistan, Iraq wars.
Today it would be BRICS they could switch to (and already are)
https://www.forbes.com/sites/tilakdoshi/2022/07/21/brics-in-the-new-world-energy-order-hedging-in-oil-geopolitics/?sh=744a409624bf
https://www.nasdaq.com/articles/how-would-a-new-brics-currency-affect-the-us-dollar-updated-2024
Probably one of the reasons (if not the biggest) behind US' ironclad support for Israel, to keep a dominant foothold in the ME. And the whole pressure on Saudi-Aribia normalisation with Israel. Palestine is a threat to the US dollar...