At first glance, it may seem that America is using its various military bases to attack Iran, with the excuse that Iran possesses nuclear weapons. This was the same excuse used to attack Iraq in 2003, claiming Iraq had weapons of mass destruction (nuclear), but the real reason was to establish a pro-western regime in the region to control the vast oil reserves, so that the global power axis wouldn't slip from their hands.
The current reason for attacking Iran is to establish dominance over the oil hubs, and America stands to gain in all aspects of this war. On one hand, this war is happening far away from America's geographical borders in Asia, so America can project itself as a safe country for investments, for those rich people in Dubai driving gold Lamborghinis, offering them the "Gold Card" U.S. citizenship for a fee of $1 million.
On the other hand, by raising oil prices, pressure can be applied on the emerging economies, who are drawing capital away from America.
Emerging Economies in Asia
In Asia, emerging economies like China and India are attracting foreign capital due to their high economic growth rates. However, if instability is created in this region, where will the rich or foreign investors take their capital? They need a safe haven, right? That safe haven is not Europe or Canada, because Trump has said he wants Greenland very soon, and Canada is just another state of America, so only America is safe.
South America's Situation
In South America, it has been seen that the United States has sent a strong message to all of Latin America by arresting the Venezuelan president in a night raid. Particularly for BRICS member Brazil, America has taken control of Venezuela's oil reserves.
When it comes to imposing tariffs, America has specifically targeted BRICS countries. The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is set to hold a summit in India in 2026, as India is currently presiding over the group.
Digital BRICS Currency
At this meeting, there may be discussions about launching a "Digital BRICS Currency" - which could be used as an alternative to the US dollar in international trade settlement. If such a system is introduced and the member countries begin using it for trade among themselves, it could pose a significant challenge to the global dominance of the US dollar.
Especially, America's real power lies in the petro-dollar system, and its influence could be important in this context. Currently, most global oil trade is settled in dollars. India and China are among the largest oil importers in the world. If they start trading oil in alternative currencies, dependence on the petro-dollar could decrease. This is why there are sanctions on India's oil purchases from Russia and the cessation of oil purchases from Iran, as these trades do not use the petro-dollar.
Maintaining Dollar Dominance
In this way, if America is able to attract capital from emerging markets, it will be easier for them to maintain the global influence of the dollar or the dominance of the dollar. This is why the value of the rupee and other currencies continues to fall compared to the dollar.
Nobel Peace Prize Nomination
Only two countries in the world, Israel and Pakistan, nominated Trump for the Nobel Peace Prize. In the Middle East, Israel has already started a war, and on the other hand, Pakistan has opened another front by attacking Afghanistan in South Asia. Before the BRICS meeting in India, could Pakistan do something in this direction too?