View from USA: A potential crack in the petrodollar system through non-USD oil settlement

10:58 05.04.2026 •

Map: binance.com

Iran just offered Europe a Hormuz deal, ‘Citizen Watch Report’ reports.

On the surface: Iran offered the EU transit access through the Strait of Hormuz.

Sounds like a small diplomatic move. Standard geopolitics.

It is not. This is a goddamn financial nuclear bomb.

Let that sink in:

  • The Hormuz Strait carries 20% of ALL the world’s oil consumption
  • Europe’s energy bill jumped $16.2 BILLION in just 30 days of war
  • Natural gas in Europe is up 100%. Oil up 60%. Diesel at $200/barrel
  • Dollar reserves have already fallen from 70% to 56.9% in 25 years
  • Iran joined BRICS in 2024. Russia banned dollar transactions. Gold hit $5,500/oz
  • If Europe takes this deal, they pay in euros — not dollars
  • One major non-dollar oil deal is all it takes to show the world it CAN be done

Do you understand the scale of what’s happening?

  • The petrodollar is the most powerful financial system ever created. Born in 1974. It forced every nation on Earth to hold dollars just to buy oil. That’s the entire basis of US financial dominance. Not strength. Not trust. OIL.
  • If that system cracks — BRICS accelerates, Gulf states reconsider, dollar demand collapses, and America can no longer fund its $34 trillion debt on easy terms. The US doesn’t lose a battle. It loses the WAR — the financial one it’s been winning since 1974.
  • ECB board member Panetta said it on April 2: “Even if the Iran war ends, the damage has been done.” Deutsche Bank called the Iran war a “catalyst” for yuan replacing the petrodollar.

They’re showing you a war about nuclear weapons and regional security.

They’re NOT showing you that the REAL war is over who gets to print the world’s reserve currency.

Here’s the logic — follow it carefully:

  • Iran blocks Hormuz for the US. Opens it for EU with a deal.
  • EU, desperate and bleeding, seriously considers taking the deal.
  • Deal gets done in euros or yuan. Not dollars.
  • Every country watching — BRICS, Global South, Gulf states — sees it happen.
  • “If the EU can bypass the dollar, so can we.”
  • Dollar demand falls. Reserve share collapses. US inflation rises.
  • You didn’t just lose a trade route. You lost the dollar’s 50-year monopoly on global trust.

If America is so powerful and the dollar is so safe, why is the EU considering a deal with the country America is bombing?

If Western unity is so solid, why did 40 countries meet to reopen Hormuz and achieve absolutely nothing?

Complete silence.

This is no longer just a Middle East war. This is a direct attack on the petrodollar — the system that powers the entire American empire.

Prepare accordingly.

Iran just offered Europe a Hormuz deal.

You have no idea what they just triggered.

 

...If Europe agrees to these Iranian proposals, the global power of the petrodollar will collapse for the first time since the 1970s.

Europe now has a choice: either agree or… stay without oil and gas until the end of April this year. There are no large reserves in EU!

So, Europe could openly challenge Trump's America, and the unity of the “collective West” will be shattered. This is crucial.

What about Russia? Russia will be watching this epic clash between two former allies – the US and Europe!

 

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