Jan. 6, 2026 /Mpelembe Media/ —The term petrodollar refers to the global system where crude oil is priced and traded exclusively in U.S. dollars. This system has been a cornerstone of American economic and geopolitical power for over 50 years. As of early 2026, the petrodollar system is facing its most significant challenges since its inception, with major shifts in Venezuela and the Middle East reshaping the global energy landscape. Continue reading →