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From Sony Thang and it is relevant information that will help to understand Iran's decision to demand transit fees in a different currency to the USD. It will also help the titanical task of creating an alternative to USD which is what BRICs countries are doing.

The most important thing America exported in the post-WWII period was not consumer goods.
It was not "democracy".
It was not culture, though that came close.

It was the dollar.

The Bretton Woods system made the dollar the global reserve currency.
Every country that wants to trade internationally needs dollars.
Every commodity, especially oil, is priced in dollars.
Every country must maintain dollar reserves.
The United States can run trade deficits indefinitely because demand for its currency is structurally guaranteed by the architecture of global trade.
This is called "exorbitant privilege," a phrase coined by a French finance minister in the 1960s who understood exactly what it meant.
It means the United States gets to consume more than it produces, indefinitely, because the world needs its currency.
It means sanctions are a weapon of mass economic destruction because cutting a country off from dollar systems is cutting it off from the global economy.
It means the Federal Reserve's domestic monetary policy decisions, interest rate changes made for American economic reasons, immediately affect the debt servicing costs of every country that has borrowed in dollars, which is most of them.
No one elected the Federal Reserve to govern the global economy.
It governs the global economy anyway.
The ladder was not just industrial policy.
The ladder was also this.
The ladder was the whole system.

Source -> https://xcancel.com/nxt888/status/2048338681656979862#m