Prime Minister Directs Currency Swap Agreements with EU Russia and Iran to Reduce Dollar Reliance
The Prime Minister Office orders the Finance Ministry to finalize currency swap deals with the EU, Russia, and Iran to strengthen regional trade and ease dollar pressure.
Deutsche Bank Warns Iran Conflict Could Erode Petrodollar Dominance
Strategist Mallika Sachdeva highlights how Iranian demands for yuan-based oil payments in the Strait of Hormuz could trigger a structural shift toward the petroyuan.
Iran Proposes Yuan Based Oil Trade to Bypass Strait of Hormuz Blockade Amid Global Energy Crisis
Tehran explores a strategic shift in energy logistics by offering limited Strait of Hormuz passage for oil tankers willing to settle transactions in Chinese yuan.
Iran Proposes Yuan Based Oil Trade to Bypass Strait of Hormuz Blockade Amid Global Energy Crisis
Tehran explores a strategic shift in energy logistics by offering limited Strait of Hormuz passage for oil tankers willing to settle transactions in Chinese yuan.