Hormuz ceasefire — but the petrodollar damage is done

A two-week ceasefire deal includes “safe passage” guarantees for Hormuz shipping. Iran still maintains de facto control through IRGC naval presence. The crisis proved that the dollar’s role in oil trade is not a law of nature — it’s a geopolitical arrangement that can be disrupted. Countries that relied on USD-denominated oil are now accelerating bilateral currency deals, gold reserves, and exploring Bitcoin as a neutral settlement asset. PetroSats tracks the aftermath in real time.