OVER daily
14/03/2026
🇮🇷🇨🇳| Iran Ready to Open the Strait of Hormuz — But Oil Must Be Paid in Yuan, Not Dollars.
Tensions in global energy markets are rising.
Iran is reportedly considering allowing limited oil tanker passage through the Strait of Hormuz, one of the most critical maritime chokepoints in the world.
However, Tehran may impose a major condition:
oil transactions must be settled in Chinese yuan instead of US dollars.
Nearly 20% of the world's oil supply passes through the Strait of Hormuz every day, meaning any change to payment systems or shipping access could reshape global energy markets.
If implemented, the move could challenge the decades-long dominance of the petrodollar system.
Is this the beginning of a major shift in global economic power?
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