17/09/2026
Why Does America Care So Much About Oil & the Dollar? ⭐ 🎙️ Watch the full Beyond Titles podcast with Kirttan Shah: https://youtu.be/cxMmVl9y2zQ?si=XJnd4L67yVGRAgt6
“America said — I’ll give you military support. But when you sell oil, you sell it in Dollars.”
That idea opens up a much bigger story about oil, Saudi Arabia, American power and why the entire world came to need US Dollars.
In this episode of Beyond Titles, Kirttan Shah takes us beyond investing and into the history behind one of the most powerful forces in global finance: the US Dollar.
The question is deceptively simple: Why did the Dollar become the world's dominant reserve currency?
Kirttan connects part of that story to Saudi Arabia and oil. In his explanation during the podcast, the United States had something Saudi Arabia needed—military and strategic support—while Saudi Arabia controlled something the world desperately needed: oil.
The arrangement Kirttan describes created an enormously powerful economic consequence. If oil was sold internationally in US Dollars, then any country wanting to buy that oil first needed access to dollars.
India needed oil? It needed dollars.
Another country needed oil? It needed dollars.
And if countries continuously needed dollars for international trade, their central banks had a reason to accumulate and maintain dollar reserves.
That's where Kirttan's explanation becomes much bigger than Saudi Arabia.
Oil creates demand for Dollars. Global trade creates demand for Dollars. Central banks accumulate Dollar reserves. Those reserves can then be held in Dollar-denominated financial assets.
The result is a system in which the US Dollar isn't powerful simply because it belongs to the world's largest economy. Its power is reinforced because other countries need and use it.
And that leads to the provocative geopolitical question behind this reel.