The Iran war puts the petrodollar regime to the test

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The Iran war puts the petrodollar regime to the test

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The global oil market has supported the U.S. dollar for more than 50 years. But the system has shown signs of cracking. Amidst the Iran war, Iran has reportedly been collecting some tolls in yuan. Today on the show, how the petrodollar regime came to be and what losing it would mean for the U.S.

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