Iran’s Hormuz pain is China’s yuan gain

by | Mar 24, 2026 | Asia

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TOKYO — Say what you want about the Iranian regime, it’s a master troller in ways for which US President Donald Trump surely didn’t foresee. Nowhere is that more apparent — or potentially impactful — than Iran’s reported plan to showcase the yuan by requiring all oil tankers transiting the Strait of Hormuz to settle transactions […]

The post Iran’s Hormuz pain is China’s yuan gain appeared first on Asia Times.

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Written by Albert Pham, News Curator and Blogger

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