The End of the Petrodollar: A World Without Oil in US Dollars

For more than half a century, the global economy has relied on the petrodollar system, a financial arrangement that tied the world's most vital commodity to the US dollar. This system not only reinforced the dollar's position as the leading reserve currency but also shaped international trade, finance, and geopolitics in far-reaching ways. In 'The End of the Petrodollar, ' Russell A. Duke examines the origins of this system, its advantages and vulnerabilities, and the growing forces that no...