How Yuan Payments For Oil Passage Through Strait of Hormuz Can Harm The US Dollar | Explained

Iran is not merely proposing that some bilateral trade occur in yuan. It is proposing that access to the world’s most critical energy chokepoint be conditional on currency denomination. The practical consequence, if even partially adopted, would be a bifurcated global oil market. #iran #yuan #china #dollar #trump #hormuz #oilcrisis #iranwar #oilcrisis #ship #geopolitics #khamenei #middleeast #gulfthisweek #gulf