The End of Petrodollar Dominance? Don't Believe Everything You Hear!
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Oil is by far the largest and most strategic commodity market and every country needs oil. For the last 50 years, virtually anyone who wanted to import oil needed US dollars to pay for it. But things are changing, and the US is very concerned that days of Petrodollar dominance are numbered? What will replace it, the Yuan? Gold??
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