Death of the Petrodollar

The long-standing Petrodollar deal between the US and Saudi to sell oil only in dollars ended on June 9 – after being in place for 50 years.

The system marked the US dollar as the world’s reserve currency, granting economic stability and access to rising asset prices – it also helped preserve dollar dominance over global trade.

Turbulent times and great geo-political changes lay ahead.  Can the US dollar survive?