BRICS
March 16, 2026
Iran Official: Hormuz May Reopen Only if Oil Is Traded in Chinese Yuan
Iran’s Strait of Hormuz has a new price tag, and it is not in dollars. A senior Iranian official told CNN that Tehran is developing a tanker policy that would allow select ships through the strait, but only if the oil cargo is traded in Chinese yuan. The condition puts Iran Hormuz Chinese yuan at […]