PetroDollar, PetroYuan, Digital Currencies...
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... and the USA's debt financing:
https://www.politico.com/news/magazine/2025/03/23/trump-nixon-petrodollar-oil-trade-war-00241811
Long article, but worth the read.
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Thanks for sharing. Quite interesting.
I dont think that it is any surprise that the world will look for alternatives. This is a big long term problem for the US.
Even if things go how president Trump wants them to go, it could very much be a case of "we won the battle but lost the war"