International Security & Foreign Policy

The Petrodollar Project

Grant Year: 2018

Gal Luft and Anne Korin will examine the possibility that changes in world energy and currency markets might undermine the status of the U.S. dollar as the global reserve currency. They will identify and track activities by states seeking to shift energy and other commodity trading away from dollar-denominated transactions and analyze the implications of any such shifts for U.S. interests. The project’s findings will appear in a report and a series of policy briefings.