Is this the end of the Petrodollar?

America is not able to reopen two of the Middle East's main shipping routes. What does that mean for the global energy trade and the US dollar around the world? This episode of The Big Picture explains what the "petrodollar" is, how the relationship between oil and the dollar works, and what the true threat to the US dollar may be. Support stories that matter. Join this channel to get access to perks: https://www.youtube.com/channel/UCR0fZh5SBxxMNYdg0VzRFkg/join Catch previous episodes of MEE LIVE, our biweekly news programme exploring the stories shaping our world through breaking coverage, expert analysis, and hard-hitting interviews. Originally airing Tuesdays & Thursdays at 12pm ET | 5pm BST Got a story tip or question? Reach us at MEELive@middleeasteye.org Subscribe to our channel: http://ow.ly/AVlW30n1OWH Subscribe to MEE Telegram channel to stay up to date: https://t.me/MiddleEastEye_TG Middle East Eye Website: https://middleeasteye.net Follow us on TikTok: https://www.tiktok.com/@middleeasteye Follow us on Instagram: https://instagram.com/MiddleEastEye Like us on Facebook: https://facebook.com/MiddleEastEye Follow us on Twitter: https://twitter.com/MiddleEastEye