Because the USA didn’t meet the expectations to stabilize the international economy following the Bretton Woods agreement and hadn’t sufficient gold reserves to back the US dollar value.
Nixon and Kissinger came with a solution to back the US dollar value with oil from Arabic countries in exchange for military protection.
Nixon Shock
BRICS is then a threat to the US economic dominance, Iran and Venezuela sold their oil in other currencies, no wonder Trump was after them under false pretense.
Because the USA didn’t meet the expectations to stabilize the international economy following the Bretton Woods agreement and hadn’t sufficient gold reserves to back the US dollar value.
Nixon and Kissinger came with a solution to back the US dollar value with oil from Arabic countries in exchange for military protection. Nixon Shock
BRICS is then a threat to the US economic dominance, Iran and Venezuela sold their oil in other currencies, no wonder Trump was after them under false pretense.