Petrodollar refers to the revenue generated by countries through the export of petroleum. This revenue is usually in the form of foreign currency, primarily the US dollar. However, some alternative synonyms can be used for the same term. These include oil money, petro-economy, petroleum wealth, and oil currency. These terms essentially point to the same idea of the economic significance of a country's oil industry. In modern times, the petrodollar system has played a vital role in international trade and diplomatic relations, contributing to the global energy landscape and impacting economic policies and strategies worldwide.