Trump’s Iran war could accelerate the global push against dollar hegemony

Just when everyone had settled on the notion that Trump’s threats to Iran were empty, the United States has sent the world into a state of shock by decapitating the top Iranian leadership. The killing of Ayatollah Ali Khamenei, Iran’s former Supreme Leader, has now set in motion a war that has engulfed multiple countries in a spiral of uncertainty. Even ordinary people in India are suddenly taking interest in oil supply lines, newly discovering how critical the Straits of Hormuz is to the country’s energy security. The war has sent a wave of chaos through global energy markets, with…