Post #4685

🚨 IRAN MAY ALLOW SHIPS THROUGH STRAIT OF HORMUZ But here's a catch. Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz. The condition is that cargo should be traded in the Chinese yuan instead of the US dollar. This is a direct challenge to the "petrodollar", as 80% of global oil is currently priced and traded in USD. It seems like China has started to play its cards too. @odes_ai