Iran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US dollar's dominance in global energy trade. This potential de-dollarization strategy aims to bypass sanctions and bolster t…
Iran is reportedly considering allowing oil tankers through the Strait of Hormuz only if transactions are settled in the Chinese yuan rather than US dollars, signalling a strategic 'de-dollarisation'… [+3158 chars]
