Dedollarization: How Iran challenges US dollar dominance and the petrodollar system
Iran has used its status as a leading oil and gas producer to promote dedollarization, rejecting the US dollar and trading with China, Russia, India, and other BRICS members in their national currencies. Ben Norton explains the Western economic war on Iran, and Tehran's response.
VIDEO: https://www.youtube.com/watch?v=_ziGNmvOh6k
US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan: https://www.youtube.com/watch?v=NmYybJZo3fo
The real reasons for the US-Israeli war on Iran, explained: https://www.youtube.com/watch?v=OwH780cEcEQ
Topics
0:00 US dollar's "exorbitant privilege"
0:50 Sanctions: weaponization of US dollar
1:33 De-dollarization
3:54 Economic warfare
5:15 History of US meddling in Iran
6:41 Geopolitics of oil
7:22 Iranian leaders promote de-dollarization
8:42 BRICS trade in national currencies
10:33 Iran's oil and gas production
10:51 Gulf flirts with petroyuan
11:34 History of petrodollar system
12:31 OPEC oil embargo
13:55 Saudi King Faisal
14:30 OPEC oil embargo
14:55 Nixon-Kissinger deal with Saudis
16:50 Super Imperialism
17:39 Oil backs US seigniorage
19:31 Saudi Arabia and petrodollar
20:20 US pressure on Saudi Arabia
21:44 War on Iran
22:27 Why USA wants regime change
23:47 Outro
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24:01
War on Iran is part of US plan for global domination: Economist Michael Hudson explains
War on Iran is part of the US empire's larger attempt to re-impose its unipolar dominance on the global political and financial system, argues economist Michael Hudson. Washington wants to preserve dollar hegemony and the petrodollar, while disrupting BRICS and Eurasian integration with China and Russia. He is interviewed by host Ben Norton.
VIDEO: https://www.youtube.com/watch?v=3DEXReFGb24
Transcript here: https://geopoliticaleconomy.com/2025/06/27/war-iran-us-unipolarity-michael-hudson/
Michael Hudson's article - War on Iran is fight for US unipolar control of world: https://geopoliticaleconomy.com/2025/06/22/michael-hudson-war-iran-us-unipolar-control
Michael Hudson's website: https://michael-hudson.com
Topics
0:00 Intro: US war on Iran
3:45 Summary of US imperial strategy
8:15 Interview starts
9:00 History of US meddling in Iran
11:06 US divide-and-conquer plan
14:02 Israel: US empire's aircraft carrier
17:07 Geopolitics of Iran
18:56 China's Belt and Road Initiative
21:02 Attempt to encircle Russia & China
23:34 US aggression backfires on dollar
27:29 Oil and petrodollar
36:43 Super Imperialism
40:06 Sanctions & economic warfare
44:35 Military-Industrial Complex
51:33 Outro
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52:25
Palantir CEO predicted US war on Iran, Russia, and China
The US military will "very likely" fight a three-way war with Iran, Russia, and China, predicted Palantir CEO Alex Karp in 2024. American imperial strategist Zbigniew Brzezinski warned back in the 1990s of this Eurasian "anti-hegemonic coalition" that could challenge US global dominance. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=DcZJ0eKfWFM
Topics
0:00 Trump bombs Iran
0:26 Iran hits US base in retaliation
1:21 A ceasefire?
1:53 US "peace talks" were a trap
2:07 Israel's fake Gaza "ceasefire"
2:53 Iran nuclear deal
3:40 Trump called for regime change
4:30 History of US coup, shah, & revolution
5:23 Geopolitical strategy
6:01 Palantir CEO predicted three-way war
6:41 Palantir's mass surveillance
7:05 CIA helped create Palantir
7:17 JD Vance and Peter Thiel
7:52 US calls for war on Iran
8:21 (CLIP) George Bush's "Axis of Evil"
8:44 John McCain wanted to bomb Iran
9:04 (CLIP) Senator McCain sings "bomb Iran"
9:11 John Bolton called to bomb Iran
9:45 Mike Pompeo wanted war on Iran
10:20 Trump backed war on Iran
10:49 Targets: Iran, Russia, and China
11:02 CRINK: new "Axis of Evil" rhetoric
11:42 Multipolarity challenges unipolar US empire
12:17 Rise of China
12:51 Brzezinski feared "anti-hegemonic coalition"
14:16 Palantir and US war plans
14:48 US-Israeli war on Iran
15:55 Iran fights back
16:50 Outro
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17:16
To sell US war on Iran, Trump recycles old Iraq War propaganda
To justify war on Iran, the Donald Trump administration is repeating the same disinformation used by George W. Bush to justify the illegal invasion of Iraq in 2003, based on false claims it had "weapons of mass destruction" (WMDs). US Director of National Intelligence Tulsi Gabbard went from condemning Trump as a warmonger and liar in 2020 to helping him manufacture consent for this war, even after admitting in March 2025 "that Iran is not building a nuclear weapon". Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=S_EsEQ-1yp8
The real reasons for the US-Israeli war on Iran, explained: https://www.youtube.com/watch?v=OwH780cEcEQ
Topics
0:00 Trump admin pushes for war on Iran
0:58 Reports: Trump approved attacks on Iran
1:50 USA wants regime change in Iran
3:10 Regurgitating Iraq War "WMD" propaganda
5:24 No evidence of Iranian nuclear weapons
6:36 (CLIP) Trump criticizes his own intel
6:53 US spy agencies: Iran not building nukes
7:41 Tulsi Gabbard helps Trump sell Iran war
9:11 (CLIP) "Iran is not building a nuclear weapon"
9:21 Tulsi Gabbard helps Trump sell Iran war
9:49 Trump White House pushes Iran war
12:00 When Tulsi Gabbard condemned Trump
13:14 (CLIPS) Gabbard: Trump wants Iran war
14:38 Gabbard: Trump wants regime change
16:24 Iran nuclear deal
18:44 Negotiations with Iran
20:02 Propaganda war
20:47 Déjà vu: George W Trump's war
21:09 Reasons for US-Israeli war on Iran
22:03 Outro
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22:16
Trump advisor admits: War on Iran targets China, seeking 'US global dominance'
The war on Iran seeks "US global dominance" and to "weaken China", said Donald Trump's former national security advisor, General Michael Flynn. He admitted that the US is giving Israel intelligence, weapons, and training. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=SuNHt1-uWjE
The real reasons for the US-Israeli war on Iran, explained: https://www.youtube.com/watch?v=OwH780cEcEQ
Topics
0:00 (CLIPS) US-Israeli war on Iran
0:41 Trump advisor Michael Flynn
1:56 Steve Bannon interview
2:43 (CLIP) US support for Israel
3:33 (CLIP) Fight for "Western civilization"
3:51 Mike Flynn's Christian nationalism
4:15 Pete Hegseth's "American crusade"
5:04 Germany: Israel does West's "dirty work"
5:48 Trump: US "controls" Iran's skies
6:22 Trump approved attack on Iran
6:38 Trump demands "surrender"
7:02 CIA coup in Iran in 1953
7:55 (CLIP) Install pro-US Iranian regime
8:13 Targeting China
8:28 (CLIP) To "focus on China"
8:42 Targeting China
8:57 (CLIP) Pivot to Asia
9:05 Pivot to Asia
9:33 (CLIP) "China, China, China"
10:33 Allying with India
11:05 (CLIP) India's role
11:47 Israel-India relations
13:04 Shanghai Cooperation Org (SCO)
14:42 US divide-and-conquer strategy
15:30 (CLIP) "US global dominance"
15:41 Goals of US-Israeli war on Iran
17:16 Outro