Disliked{quote} ________________@ Zebi = iran tryin to kill usd IMHO{image}
Ignored
- Strait of Hormuz Proposal: Reports indicate Iran is considering a condition for oil tankers to pass through the Strait of Hormuz—a crucial global energy route—only if transactions for the cargo are settled in Chinese yuan instead of U.S. dollars. This move, if fully implemented, would be a direct challenge to the established petrodollar system, where most international oil deals are priced in dollars.
- Existing Yuan Trade: China, the world's largest oil importer, is already a primary buyer of Iranian oil and has been bypassing the dollar by paying in yuan, which Iran then uses to purchase Chinese goods and infrastructure. This reflects deepening economic cooperation under the Iran-China 25-year Cooperation Program.
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