The Dollar's Hegemony in the Global Financial System and Sanctions
Following military pressure on Iran, the United States is shifting its strategy toward economic sanctions and financial siege.
After its military moves against Iran failed to yield results, the United States is shifting the epicenter of the war to the economy and financial sanctions. While the power of the dollar in the global system is being debated, this situation is accelerating the search for alternatives.
Economic Siege and New Strategy
Following military pressure against Iran, the US decided to shift the epicenter of the war to the economy and financial sanctions.
The Dollar's Global Power and Fading Hegemony
Experts emphasize that while the dollar's influence in the global system has not completely vanished, its dominance has significantly weakened.
Especially after the sanctions imposed on Russia in 2022, countries have turned toward seeking alternatives to the dollar.
Commercial Relations with China and Russia
China is among the largest buyers of Iranian oil and natural gas, and this situation directly affects global alliances.
While trade between Iran and Russia is conducted via the Caspian Sea, shadow fleets are used to bypass the sanctions.
Tariff Policies and Global Pressure
The Trump administration's tariff increases targeting China and Canada form a part of the US's broader global pressure policy.