War on Iran could be 'catalyst' for erosion of US petrodollar, Deutsche Bank says

War on Iran could be 'catalyst' for erosion of US petrodollar, Deutsche Bank says Submitted by Sean Mathews on Thu, 03/26/2026 - 20:36 The petrodollar helps keep borrowing costs down for US consumers and Washington, giving them big advantages over peers Newly redesigned $100 notes are printed at the Bureau of Engraving and Printing in Washington, DC, on 20 May 2013 (Mark Wilson/Getty Images/AFP) Off The US-Israeli war on Iran could usher in the end of the petrodollar, a key pillar of the US’s financial heft in the