The Iran War won’t kill dollar dominance. But Washington might.

Even if the U.S.-Israel-Iran War ends with a successful agreement, the economic repercussions could last well into the year, shaking the foundations of the global economic system. The U.S. dollar's dominance in the oil trade is at stake, with some analysts predicting the war could either spell the end of the petrodollar system or lead to a resurgence of dollar dominance. This could fundamentally alter how global trade is conducted and has significant implications for the U.S. economy and its geopolitical influence.