KW: The creation of Instex as a means of avoiding SWIFT is a tremendous change to the means of exchange. Although the author argues that everyone else wants to avoid American control the British have jsut demonstrated their servitude to U.S. foreign policy by capturing an Iranian oil tanker alleging it is going to Syria (that has its own oil!) for refining thereby breaching U.S. sanctions on Syrria.

Over the past two years, the White House has initiated trade disputes, insulted allies and enemies alike, and withdrawn from or refused to ratify multinational…

Source: Goodbye Dollar, It Was Nice Knowing You! — Strategic Culture