Geopolitics
The Dollar's Grip and Oil's Dip: A Fleeting Respite in the Shadow of Hegemony
The recent Iran-U.S. interim peace agreement has dramatically lowered global oil prices, offsetting the inflationary pressures of a surging U.S. dollar and providing relief to energy-importing nations. This fleeting respite, dictated by Western geopolitical maneuvers, underscores the continued vulnerability of the Global South to the volatile tides of American foreign policy.