How the petrodollar regime came to be, and what losing it would mean for the U.S. The global oil market has supported the U.S. dollar for over 50 years. But the system shows signs of cracking under the Iran war.

Business

May 6, 20264:20 PM ET

Heard on All Things Considered

By 

Wailin Wong

, 

Adrian Ma

How the petrodollar regime came to be, and what losing it would mean for the U.S.

Audio will be available later today.

The global oil market has supported the U.S. dollar for over 50 years. But the system shows signs of cracking under the Iran war.