"Those of you who are not specialists on the subject may be wondering: what exactly is ‘the bond market’? What is a ‘dollar-denominated bond’? What is the ‘petrodollar’, or indeed, the ‘petroyuan’? How does this entire system work? Financial markets are conceptually simple but operationally complex, often appearing opaque because they are laden with jargon and because specialised actors seem to be interpreting and acting on the basis of abstract expectations and relative prices.
This newsletter is a primer on some of the key concepts needed to understand the global financial system in the context of the illegal war waged by the United States and Israel against Iran. For the specialist, the answers to the questions that follow may be too simplistic while for the general reader, some conceptual questions may not be fully answered. That is the limit of any primer, so forgive us in advance."
https://thetricontinental.org/newsletterissue/a-primer-on-the-petrodollar/

A Primer on the Petrodollar and the War on Iran: The Sixteenth Newsletter (2026)
The illegal US-Israeli war on Iran is exposing the Oil-Dollar-Wall Street complex that binds oil, financial markets, and dollar power, with consequences that reach far beyond the region.




