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Dedollarization: How Iran challenges US dollar dominance and the petrodollar system

Geopolitical Economy Report

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Intro

This chapter explores the dominance of the U.S. dollar as the global reserve currency and the associated economic advantages for the United States. It highlights the movement towards de-dollarization, particularly focusing on Iran's strategies to undermine U.S. hegemony by selling oil in other currencies and forming new alliances.

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