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Fortune

Jason Ma

The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says

United States Dan Alamariu Iran Donald Trump GCC Strait

(Credit: Sheldon Cooper—SOPA Images/LightRocket/Getty Images)

President Donald Trump’s war on Iran has raised doubts about America’s superpower status and currency dominance as the Strait of Hormuz remains under Tehran’s control.

But Dan Alamariu, chief geopolitical strategist at Alpine Macro, isn’t buying predictions about a U.S. decline.

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