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JohnnyRingo

(20,055 posts)
6. The US dollar is directly connected to the strait of Hormuz.
Mon Jun 23, 2025, 08:09 AM
Jun 23

The transportation of oil though that passage is why our money is called Petrodollars. It's the reason we need far ranging nuclear aircraft carriers and a military that can respond in the area at a moment's notice. The strait must remain open.

All global currency is converted to US dollars for all transactions, at least for now, and closing Hormuz will destroy the value or cause countries to link the Euro or yen in the future. When that happens our dollar will have no backing and collapse. No one will want it.

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