THE FALL OF THE PETRODOLLAR AND AMERICA'S LAST STAND

Western control over Iran began with the 1953 Anglo-American coup against Mossadegh, who had nationalized Iran's oil. Until the 1979 Revolution, Iran remained a Western client state. The break with the West transformed Iran into the primary threat to US dominance over the Persian Gulf - the strategic region holding the world's largest oil reserves and controlling 30% of global oil shipments through the Strait of Hormuz. For decades, the US maintained the dollar as the global reserve currency (58% of world reserves) by enforcing it as the mandatory currency for oil transactions, forcing all nations to accumulate dollars that ultimately financed US debt through Treasury purchases. Today, America is the world's largest debtor with $26 trillion in net debt (90% of GDP), trapped by chronic trade deficits, an overvalued dollar that cripples exports, and soaring values of US tech stocks (+370%) held by foreigners. The crisis intensified under Trump's policies, triggering capital flight and rising costs for US default insurance. Simultaneously, the petrodollar system is collapsing: Iran sells oil to China in yuan, global suppliers reject dollar payments, and sanctions accelerate alternative currency adoption. The Israel-Iran war thus represents the final battle for control of the Persian Gulf, where the US must subjugate Iran at all costs to preserve the oil dominance that sustains the dollar and finances America's colossal debt - using Israel as its proxy force in this existential struggle.

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