Thursday, April 9, 2026

THURSDAY — LEADERSHIP, HISTORY & POWER

“The Iran conflict could be a key catalyst for erosion in petrodollar dominance.”

— Deutsche Bank

For fifty years, Gulf oil producers had one real customer, one currency, and one security umbrella, which looked like stability right up until it looked like a cage. The quiet pivot toward the petroyuan isn’t a story about China winning; it’s a story about counterparties building somewhere else to stand before they needed it. Concentrated dependencies feel efficient until the day the arrangement stops being the only game in town. To learn more, check out 2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years.

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Stay safe. Stay healthy. Be strong. Lead well.

Chad