3 ms·
It's not about the oil being purchased by the US but that most oil is traded in USD and not some other currency.
by sschueller 5y ago
It's not about the oil being purchased by the US but that most oil is traded in USD and not some other currency.
- nl 5y agoThat seems an entirely different thing. Most international trade is denominated in USD, often even when trade is between two non-US companies.