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ANSWER

petrodollars

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The answer PETRODOLLARS has 2 possible clue(s) in existing crosswords.

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The word PETRODOLLARS is VALID in some board games. Check PETRODOLLARS in word games in Scrabble, Words With Friends, see scores, anagrams etc.

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Definitions of petrodollars in various dictionaries:

Money in any number of currencies that is paid to oil-producing countries, which then deposit it into Western banks.

PETRODOLLARS - Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refer...

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Possible Dictionary Clues
Money in any number of currencies that is paid to oil-producing countries, which then deposit it into Western banks.
Petrodollars might refer to
Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major petroleum-exporting nations, mainly the OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year – including a wide range of transactions in a variety of currencies, some pegged to the US dollar and some not. These flows are heavily influenced by government-level decisions regarding international investment and aid, with important consequences for both global finance and petroleum politics. The phenomenon is most pronounced during periods when the price of oil is historically high. The first major petrodollar surge (1974–1981) resulted in more financial complications than the second (2005–2014).
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