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The word that’s NOT getting used right now? Petrodollar.

It’s a global financial arrangement where oil is priced and traded in U.S. dollars, forcing countries to hold dollars just to buy energy.

That system has quietly propped up U.S. economic power since a ‘70s deal with Saudi Arabia. But here’s the part that should stop you cold: if countries stop needing dollars to buy oil, demand for the dollar drops, and that directly threatens the value of the U.S. currency and the stability of the U.S. economy.

That’s why recent headlines matter. BRICS nations are experimenting with non-dollar oil trades. Renewables are weakening fossil-fuel leverage altogether. And suddenly Venezuela is back in play.

The U.S. just captured Nicolás Maduro and Donald Trump openly suggesting U.S. control over Venezuela’s massive oil reserves.

This isn’t just foreign policy. It’s economic self-defense.

If you want to understand how Venezuela, Ukraine, Russia, BRICS, and clean energy are all part of the same global system under stress, subscribe to In the Margins on Substack.

This is the war beneath the war.

The War Beneath the War
Jan 4
at
3:50 PM
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