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Weaponizing The Dollar Changed Everything


Commodities

Weaponizing The Dollar Changed Everything

Date: 2026-06-04 18:01:56

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Peter Alexander traces a major shift in U.S.-China tensions back to two decisions under the Obama administration: weaponizing access to the dollar system against Iran and announcing the pivot to Asia.

For China, one signaled that the dollar-based financial system could become a strategic weapon. The other made clear that Washington now viewed Beijing as a direct competitive threat.

#geopolitics #investing #iran #market #finance

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