The full sentence is: The dollar’s claim to fame is that almost all oil is priced in dollars, globally. If France buys oil from Saudi Arabia, for example, they

The full sentence is: The dollar’s claim to fame is that almost all oil is priced in dollars, globally. If France buys oil from Saudi Arabia, for example, they don’t pay in either of their own currencies; they pay in dollars. The same holds true for many other commodities.