The End Of The Petrodollar: Dollar Collapse Begins

Since the 28th of February 2026, the global energy market has been paralyzed by the war in the Middle East. The Straight of Hormuz, which normally handles approximately 20% of global oil and 25% of global liqufied natural gas, has seen its vessel traffic drop by an estimated 90 to 95%. This represents the effective removal of roughly 21 million barrels of oil per day from the global market.And as a direct result of this disruption, Brent crude prices have surged past $112 a barrel, an 84% year-to-ate increa ...