Since 1974 the USD has remained relevant, thanks to a deal between Saudi Arabia and Henry Kissinger. However, in 2026 Iran has ramped-up trading with China, opting to circumvent the 'gentleman's agreement' that has seen oil traded in USD for over 50 years.

With alternative digital currencies such as Bitcoin coming to the fore, and tensions between East and West exacerbated by the economic alliance brought about by 'BRICS', the monetary systems of global trade appear to be shaking the once-powerful USD to its core.

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