petrodollar
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Every few years, some geopolitical friction sends commentators racing to declare the end of dollar hegemony and the collapse of the petrodollar.
From Barron's ● May 27, 2026
In addition, the long-held agreement with Saudi Arabia to recycle oil petrodollar surpluses into U.S.
From MarketWatch ● Apr. 17, 2026
The petrodollar system, born from the 1974 security-for-oil-pricing bargain between the U.S. and Saudi Arabia, rests on three pillars: oil priced in dollars, transactions settled in dollars, and oil revenue recycled into dollar-denominated assets.
From The Wall Street Journal ● Apr. 12, 2026
This has left the Saudi government and the Public Investment Fund to try to deliver on the crown prince's diversification promises, aided by a petrodollar windfall.
From Reuters ● Oct. 23, 2022
But the book admirably blends the many facets of the post-1960s petrodollar universe, from geopolitics to political economy, diplomacy to culture.
From Washington Post ● Aug. 11, 2021
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
