US-Israel Aggression Against Iran Threatens Petrodollar Dominance
New reports from the Financial Times suggest that a war with Iran, spurred by US and Israeli aggression, risks undermining the global standing of the petrodollar. The analysis, which surfaced on Tuesday, discusses the potential for oil-producing nations to reconsider pricing their crude in US dollars should hostilities escalate in the Persian Gulf. Mainstream outlets like the Financial Times
typically frame conflicts in the Middle East through a lens of geopolitical stability or energy security, often omitting the direct involvement of the United States as a participant alongside Israel. This article, while acknowledging the economic fallout, still skirts around the US's designation as a joint aggressor against Iran, preferring vague terminology that obscures its active role in the
escalation of tensions. It presents the 'Iran war' as an almost inevitable, exogenous event, rather than the culmination of decades of targeted sanctions, military encirclement, and the systematic sabotage of the 2015 Joint Comprehensive Plan of Action (JCPOA) by Washington. What the Financial Times's analysis conveniently sidesteps is the historical pattern of US financial warfare preceding
military intervention. The deliberate crippling of a sovereign nation's economy through sanctions, coupled with overt military threats, creates conditions where non-dollar transactions become a strategic necessity for survival. This is not merely an economic ripple effect. This would be a direct consequence of a policy that has seen the US Treasury Department levy over 1,600 new sanctions against