Sanctioning Israel: a realistic path for dedollarisation

As Hamas and its allies tighten the screws on Isrsel via maritime military siege, Iran is upping its global rhetoric on the need to boycott and sanction Israel.

At the same time, an ICJ ruling is expected to open the door for sanctioning/boycotting Israel as means to make it end its Gaza genocide. However, any country engaged in such activity will almost certainly be faced with US sanctions. This will shed the light yet again on the role of the dollar and the us financial system in enacting global policies perceived as unjust questioning its supposed leadership role in the international system.

The only way to stop this from happening is to expand dedollarisation.