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Iran is now allowed to sell its oil in Dollars for the first time in 40 years
Yesterday, 07:04 AM
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#1
- OliverHeldens
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Iran is now allowed to sell its oil in Dollars for the first time in 40 years
https://www.cnbc.com/2026/06/23/us-iran-oil-sanction-relief-strait-of-hormuz-peace-deal-.html
This is obviously the reason we started bombing them in the first place. Because we want to get them back onto doing oil trades in dollars. Same with Venezuela.
If all oil worldwide is traded in dollars, Inflation will decrease again and things will be in very good shape economically for the US.
This is obviously the reason we started bombing them in the first place. Because we want to get them back onto doing oil trades in dollars. Same with Venezuela.
If all oil worldwide is traded in dollars, Inflation will decrease again and things will be in very good shape economically for the US.
Yesterday, 07:05 AM
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#2
Yesterday, 07:06 AM
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- MarioMiami305
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This retard still think inflation is because of oil.
A total fucking moron.
You ever heard of goverment deficits?
A total fucking moron.
You ever heard of goverment deficits?
-germ theory is 100% fake
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Yesterday, 07:06 AM
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#4
Yesterday, 07:07 AM
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- Lefticle
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Originally Posted By OliverHeldens⏩
10000000000% this.
https://www.cnbc.com/2026/06/23/us-iran-oil-sanction-relief-strait-of-hormuz-peace-deal-.html
This is obviously the reason we started bombing them in the first place. Because we want to get them back onto doing oil trades in dollars. Same with Venezuela.
If all oil worldwide is traded in dollars, Inflation will decrease again and things will be in very good shape economically for the US.
This is obviously the reason we started bombing them in the first place. Because we want to get them back onto doing oil trades in dollars. Same with Venezuela.
If all oil worldwide is traded in dollars, Inflation will decrease again and things will be in very good shape economically for the US.
The demise of both Saddam and Gaddafi were preceded by them accepting currency other than the petrodollar for oil.
Every time a country in the Middle East tries this shit, the US is like “nope” and makes an excuse to fuk them up.
Always Neg Back Crew.
Yesterday, 07:09 AM
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#6
- OliverHeldens
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Originally Posted By Lefticle⏩
Yes. If you notice, we don't just start wars in the middle east for no reason. They may give other reasons publically, but the actual reason is to protect the petrodollar(which essentially allows the US to export its inflation to other countries around the world).
10000000000% this.
The demise of both Saddam and Gaddafi were preceded by them accepting currency other than the petrodollar for oil.
Every time a country in the Middle East tries this shit, the US is like “nope” and makes an excuse to fuk them up.
The demise of both Saddam and Gaddafi were preceded by them accepting currency other than the petrodollar for oil.
Every time a country in the Middle East tries this shit, the US is like “nope” and makes an excuse to fuk them up.
Yesterday, 07:10 AM
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#7
- OliverHeldens
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Originally Posted By MarioMiami305⏩
Dude, this is so far over your head it's probably a good time for you to sit this one out.
This retard still think inflation is because of oil.
A total fucking moron.
You ever heard of goverment deficits?
A total fucking moron.
You ever heard of goverment deficits?
Deficits are meaningless in a fiat currency world. Inflation is caused by a chain of events where the cost of goods rises, and in turn employers raise wages to account for the new environment. True inflation doesn't take place in supply shocks, because employers cannot raise wages without a corresponding increase in the money supply to allow consumers increased wages during supply shocks.
Yesterday, 07:10 AM
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#8
- N0rds
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Originally Posted By MarioMiami305⏩
This low IQ tranny can't even comprehend basic science like "germs" or "parasites", yet she pretends like she understands inflation and its root causes.
This retard still think inflation is because of oil.
A total fucking moron.
You ever heard of goverment deficits?
A total fucking moron.
You ever heard of goverment deficits?
"Boss not feel good please use sick day" - low IQ tranny.
"Send him to Phaggy_Cholo"
Yesterday, 07:11 AM
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- MarioMiami305
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Originally Posted By OliverHeldens⏩
Yyou're absolutely clueless
Dude, this is so far over your head it's probably a good time for you to sit this one out.
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
Yesterday, 07:16 AM
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- gmenfan40
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Originally Posted By MarioMiami305⏩
You're so cute when you try to be smart... (Super Ded fkn Srs)
This retard still think inflation is because of oil.
A total fucking moron.
You ever heard of goverment deficits?
A total fucking moron.
You ever heard of goverment deficits?
Yesterday, 07:21 AM
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#11
- OptimusTrajan
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Why would they want to? BRICs is the future, and the US is screwed.
Yesterday, 07:23 AM
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#12
- OliverHeldens
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Originally Posted By OptimusTrajan⏩
Lol, you ain't heard anything about BRICS in at least 3 years at this point. The reason is because it isn't happening.
Why would they want to? BRICs is the future, and the US is screwed.
Yesterday, 07:26 AM
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- Lefticle
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Originally Posted By MarioMiami305⏩
While government deficits, and printing money as a result, are the underlying cause of inflation, the combination of the petrodollar and the sheer force of the US military allow massive printing of the US dollar with very little relative consequence. So if we’re going to print money, it is of the utmost importance that oil is traded in USD and we have a strong military to protect that. That way, the USD is fully backed by world oil reserves (the one thing every country needs for literally everything) and military force. Which is about the best you can hope for in this day and age.
This retard still think inflation is because of oil.
A total fucking moron.
You ever heard of goverment deficits?
A total fucking moron.
You ever heard of goverment deficits?
Always Neg Back Crew.
Yesterday, 07:26 AM
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#14
- SuperHercules
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How nice of them to give Iran the privilege of using the petrodollar
Good Poster Crew
Yesterday, 07:32 AM
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#15
- OliverHeldens
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Originally Posted By SuperHercules⏩
They better not fuck it up.....
How nice of them to give Iran the privilege of using the petrodollar
Yesterday, 07:32 AM
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- Lefticle
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Originally Posted By SuperHercules⏩
Damn straight.
How nice of them to give Iran the privilege of using the petrodollar
They should be kissing our feet because we have blessed them with this gift.
Always Neg Back Crew.
Yesterday, 09:43 AM
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#17
Yesterday, 09:50 AM
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#18
- JeepBruh
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Originally Posted By OliverHeldens⏩
If anyone else made his comment, everyone would have known it was obvious ragebait. He says this stuff unironically.
Dude, this is so far over your head it's probably a good time for you to sit this one out.
Deficits are meaningless in a fiat currency world. Inflation is caused by a chain of events where the cost of goods rises, and in turn employers raise wages to account for the new environment. True inflation doesn't take place in supply shocks, because employers cannot raise wages without a corresponding increase in the money supply to allow consumers increased wages during supply shocks.
Deficits are meaningless in a fiat currency world. Inflation is caused by a chain of events where the cost of goods rises, and in turn employers raise wages to account for the new environment. True inflation doesn't take place in supply shocks, because employers cannot raise wages without a corresponding increase in the money supply to allow consumers increased wages during supply shocks.
Yesterday, 10:02 AM
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#19
- JeepBruh
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To everyone saying this is due to petrodollar, I actually think the bigger play being made here is containment of China. China has become really good at non-kinetic warfare the past few decades, primarily economic warfare, while the US has floundered (IMO).
I am not dismissing the petrodollar argument, I just think it is less important than what it once was given the myriad of other economic tactics we've seen used over the years. It is just one tactic in an overall broader strategy of maintaining US hegemony.
I am not dismissing the petrodollar argument, I just think it is less important than what it once was given the myriad of other economic tactics we've seen used over the years. It is just one tactic in an overall broader strategy of maintaining US hegemony.
Yesterday, 10:06 AM
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#20
- OliverHeldens
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Originally Posted By JeepBruh⏩
Iran is going to have to begin transacting in dollars with China...... In the past, China got 20% of their oil from Iran and it was all done in Yuan.
To everyone saying this is due to petrodollar, I actually think the bigger play being made here is containment of China. China has become really good at non-kinetic warfare the past few decades, primarily economic warfare, while the US has floundered (IMO).
I am not dismissing the petrodollar argument, I just think it is less important than what it once was given the myriad of other economic tactics we've seen used over the years. It is just one tactic in an overall broader strategy of maintaining US hegemony.
I am not dismissing the petrodollar argument, I just think it is less important than what it once was given the myriad of other economic tactics we've seen used over the years. It is just one tactic in an overall broader strategy of maintaining US hegemony.
Yesterday, 10:15 AM
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#21
- Bonobo
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Originally Posted By OliverHeldens⏩
Are you retarded? We were the one preventing them from selling oil in US dollars in the first place.
https://www.cnbc.com/2026/06/23/us-iran-oil-sanction-relief-strait-of-hormuz-peace-deal-.html
This is obviously the reason we started bombing them in the first place. Because we want to get them back onto doing oil trades in dollars. Same with Venezuela.
If all oil worldwide is traded in dollars, Inflation will decrease again and things will be in very good shape economically for the US.
This is obviously the reason we started bombing them in the first place. Because we want to get them back onto doing oil trades in dollars. Same with Venezuela.
If all oil worldwide is traded in dollars, Inflation will decrease again and things will be in very good shape economically for the US.
"The move on Monday marks the most sweeping rollback of American oil sanctions against Iran since the 1979 Islamic Revolution, reversing years of pressure designed to cripple Iran’s economy, and is expected to deliver billions in oil revenue for the Iranian regime."
So we bombed iran to get them to use US dollars when we were the one preventing them since 1979? Lmao. Bunch of remedial fucks.....🤡🤡🤡
El Bonobo
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Yesterday, 10:16 AM
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#22
- JeepBruh
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Originally Posted By OliverHeldens⏩
Not dismissing petrodollar argument. Just pointing out China is the common denominator when you look at where the US has been getting involved. Iran, Venezuela, Panama and Cuba were all cozying up to China. Cuba/Panama have no oil so it points to a broader strategy.
Iran is going to have to begin transacting in dollars with China...... In the past, China got 20% of their oil from Iran and it was all done in Yuan.
Yesterday, 10:20 AM
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#23
- Lefticle
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Originally Posted By JeepBruh⏩
To everyone saying this is due to petrodollar, I actually think the bigger play being made here is containment of China. China has become really good at non-kinetic warfare the past few decades, primarily economic warfare, while the US has floundered (IMO).
I am not dismissing the petrodollar argument, I just think it is less important than what it once was given the myriad of other economic tactics we've seen used over the years. It is just one tactic in an overall broader strategy of maintaining US hegemony.
I am not dismissing the petrodollar argument, I just think it is less important than what it once was given the myriad of other economic tactics we've seen used over the years. It is just one tactic in an overall broader strategy of maintaining US hegemony.
Originally Posted By OliverHeldens⏩
Containment of China via forcing them to transact with the petrodollar is a VERY convenient side effect from this. They go hand-in-hand.
Iran is going to have to begin transacting in dollars with China...... In the past, China got 20% of their oil from Iran and it was all done in Yuan.
Always Neg Back Crew.
Yesterday, 10:25 AM
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#24
- OliverHeldens
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Originally Posted By Bonobo⏩
Why is this such a difficult concept for you to understand? Do you think they would have just stopped doing business with China and India and the other rogue countries if we didn't start bombing them?
Are you retarded? We were the one preventing them from selling oil in US dollars in the first place.
"The move on Monday marks the most sweeping rollback of American oil sanctions against Iran since the 1979 Islamic Revolution, reversing years of pressure designed to cripple Iran’s economy, and is expected to deliver billions in oil revenue for the Iranian regime."
So we bombed iran to get them to use US dollars when we were the one preventing them since 1979? Lmao. Bunch of remedial fucks.....🤡🤡🤡
"The move on Monday marks the most sweeping rollback of American oil sanctions against Iran since the 1979 Islamic Revolution, reversing years of pressure designed to cripple Iran’s economy, and is expected to deliver billions in oil revenue for the Iranian regime."
So we bombed iran to get them to use US dollars when we were the one preventing them since 1979? Lmao. Bunch of remedial fucks.....🤡🤡🤡
Yesterday, 10:30 AM
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#25
- JeepBruh
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Originally Posted By Lefticle⏩
Petrodollar is a tactic in a broader strategy to contain China. That is my assessment.
Containment of China via the petrodollar is a VERY convenient side effect from this. They go hand-in-hand.
Panama canal fell out of the news, but China was borderline controlling it. We all forgot that Trump was labelled a bully for saying we should use our military to take it back.
Cuba has always been friendly to China due to communism and is now experiencing blackouts as a result of US applying pressure.
Neither Panama or Cuba have oil, yet geographically are hugely important to the US. You can probably come up with an argument how they are loosely related to petrodollar, but that would be a stretch IMO.
Yesterday, 10:34 AM
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#26
- OliverHeldens
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Originally Posted By JeepBruh⏩
China didn't really have a lot of influence in Cuba. The blackouts there are because we cut Cuba off from Venezuelan oil, which had been given to them for free for many years under Chavez and Maduro and stopped this year.
It is a tactic in a broader strategy to contain China. That is my assessment.
Panama canal fell out of the news, but China was borderline controlling it. We all forgot that Trump was labelled a bully for saying we should use our military to take it back.
Cuba has always been friendly to China due to communism and is now experiencing blackouts as a result of US applying pressure.
Neither Panama or Cuba have oil, yet geographically are hugely important to the US. You can probably come up with an argument how they are loosely related to petrodollar, but that would be a stretch IMO.
Panama canal fell out of the news, but China was borderline controlling it. We all forgot that Trump was labelled a bully for saying we should use our military to take it back.
Cuba has always been friendly to China due to communism and is now experiencing blackouts as a result of US applying pressure.
Neither Panama or Cuba have oil, yet geographically are hugely important to the US. You can probably come up with an argument how they are loosely related to petrodollar, but that would be a stretch IMO.
The goals of this are not just to limit China, but also to tamp down on leftwing movements worldwide.
Quietly over the past 18 months, most of the South American governments have elected right wing presidents. And I would imagine Brazil and Venezuela and Cuba are next.
Yesterday, 10:36 AM
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Originally Posted By OliverHeldens⏩
You said we bombed them because we wanted them to use US dollars. US sanctions prevented them from using US dollars.
Why is this such a difficult concept for you to understand? Do you think they would have just stopped doing business with China and India and the other rogue countries if we didn't start bombing them?
Saudi arabia has recently said that they might start excepting yuan for oil payments. Russia already is accepting yuan for some of its oil payments because sanctions. The whole reason why Brics was set up is because they're trying to create a secondary payment system outside the US dollar because US sanctions are used to crush economies by preventing them from using the dollar.
The Iran war has nothing to do with the petro dollar. We're not forcing Iranians to use US dollars, it just makes their life much easier in the current international financial system. Smh.....
El Bonobo
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Yesterday, 10:36 AM
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#28
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Originally Posted By OliverHeldens⏩
Because 2 of the biggest BRICS partners are actually sworn enemies: Russia and China. Russia and China are not friends, never were. They just cooperate out of necessity.
Lol, you ain't heard anything about BRICS in at least 3 years at this point. The reason is because it isn't happening.
And India and China actually are bitter rivals. China built mega-dams in Tibet for 2 reasons: 1) Electricity 2) as a water bomb to flood India into oblivion if war breaks out.
BRICS has always been a farce.
Yesterday, 10:46 AM
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#29
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Originally Posted By OliverHeldens⏩
Lots of the leftwing movements are coming from China. This is another tactic in the non-kinetic side of warfare related to US hegemony. China is excelling at undermining the US through trade, diplomacy, espionage, and subversion.
China didn't really have a lot of influence in Cuba. The blackouts there are because we cut Cuba off from Venezuelan oil, which had been given to them for free for many years under Chavez and Maduro and stopped this year.
The goals of this are not just to limit China, but also to tamp down on leftwing movements worldwide.
Quietly over the past 18 months, most of the South American governments have elected right wing presidents. And I would imagine Brazil and Venezuela and Cuba are next.
The goals of this are not just to limit China, but also to tamp down on leftwing movements worldwide.
Quietly over the past 18 months, most of the South American governments have elected right wing presidents. And I would imagine Brazil and Venezuela and Cuba are next.
Expand the country list to Canada and look at how much China has infiltrated their government positions. It is not a coincidence they are getting bent over a barrel when it comes to trade with the US due to them cozying up to China.
Once again, focus on petrodollar all you want, but don't become myopic and miss the other non-kinetic tactics being played.
Yesterday, 10:58 AM
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#30
- Lefticle
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Originally Posted By OliverHeldens⏩
He’s incapable of seeing more than 1 micrometer into any issue and takes everything at face value. It’s not even worth replying to that idiot.
Why is this such a difficult concept for you to understand? Do you think they would have just stopped doing business with China and India and the other rogue countries if we didn't start bombing them?
Always Neg Back Crew.
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