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War, oil and power: Could the Iran conflict shake the petrodollar order?

As war spreads across the Persian Gulf, the first tremors are felt in oil markets. The deeper shock may come later — in the foundations of the global financial system. For nearly five decades, the … As war spreads across the Persian Gulf, the first tremors are felt in oil markets. The deeper shock may come later — in the foundations of the global financial system. For nearly five decades, the international monetary order has rested upon a quiet ... [9655 chars]

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