Oil, Currency, and Global Power: The Petrodollar System and Its Legacy.
*By Jennifer McChriston | Senior Correspondent – Geopolitics & Global Finance* June 2025 – Washington / Riyadh / LagosIn the aftermath of the 1970s oil crisis, a new global financial order emerged—one that would profoundly shape international economics, diplomacy, and energy policy for decades. Central to this transformation was the creation of the petrodollar system,