PetroDollar Is DEAD, Yuan Is REPLACING the Dollar in Oil Trade - The END for U.S. Economic Power

Source:https://theconversation.com/wh... · The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the price at the primary crude oil hub in the United States was US$66 a barrel in late February 2026 – before the U.S. and Israel attacked Iran – and $101 a barrel on April 13. Similar price increases have…

Jason Ross- U.S.Secretary of State Marco Rubio. Credit: U.S. State Department* · U.S. Secretary of State Marco Rubio stood before the Munich Security Conference on Feb. 13 and delivered what was meant to be a stirring defense of Western Civilization. It was the European continent, he declared, “that produced the genius of Mozart and Beethoven, of Dante and Shakespeare, of Michelangelo and Da Vinci, of the Beatles and the Rolling Stones.”…

For as compelling as this hypothesis may be to many on social media, especially anti-Zionist activists, it doesn’t account for why Israel still allows China’s state-owned Shanghai International Port Group to run the Port of Haifa, which is one of the Jewish State’s economic lifelines. · Andrew Korybko · One of Israel’s last strikes against Iran before its surprise ceasefire with the US, which Israel has thus far abided by in the sense of…

Trump intimated that he might cut off arms sales to them for transfer to Ukraine if they reject his demand, thus likely handing Russia the victory that they’ve sought to avert for four years already, but they also don’t want to risk military losses to Iran either that could doom their politicians’ careers. · Andrew Korybko · Trump warned in an interview with the Financial Times that “If there’s no response or if it’s a negative response (to…

Russia’s assessment is political in nature and intended to challenge the US’ claims of victory. · Andrew Korybko · RT and other media reported that Russian Foreign Ministry spokeswoman Maria Zakharova described the US-Iranian ceasefire as a “crushing defeat” in an echo of the exact same wording employed by Iran’s Supreme National Security Council. Interestingly, that part of her press conference wasn’t included in the Foreign Ministry’s…