petrodollars

[pe-troh-dol-erz]
plural noun
  1. surplus revenues in dollars accumulated by petroleum-exporting countries, as those of the Middle East, especially when then used for foreign loans or investments.

Origin of petrodollars

1970–75; petro-2 + dollars
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for petrodollars

Contemporary Examples of petrodollars