Does the Iran war mark the beginning of the end of US dollar hegemony?

Does the Iran war mark the beginning of the end of US dollar hegemony?

The global energy transition is no longer being driven primarily by climate policy, but by the geopolitical and financial contradictions of the petro-dollar order itself. As China and India electrify at scale and expand renewable-powered growth, rising oil instability is accelerating a shift toward a multipolar, multi-currency world in which energy, finance and geopolitical power are being fundamentally reconfigured.

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