Trump never wanted the Strait of Hormuz to be open, so that the U.S. could become the primary oil trader and American oil companies could begin drilling for oil domestically—because oil underpins the dollar’s existence; the dollar retains its value because of oil—dollar-petro.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.