US EditionIran Considering Limited Tanker Passage Through Strait of Hormuz if Cargo Paid in Yuan: Report
- Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz if their cargo is traded or paid for in Chinese yuan.
- This plan is part of Tehran's effort to manage the flow of oil tankers through the strategic waterway, which carries about 20 million barrels of oil daily.
- The UN warned that restrictions on shipping through the Strait of Hormuz could severely impact humanitarian operations in the region.
12 Articles
12 Articles
Iran considers allowing limited oil tankers through Strait of Hormuz if cargo traded in yuan
ISTANBUL, March 14 — Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that the cargo is traded in Chinese yuan, Anadolu Ajansi reported, citing a media report.A senior Iranian official told CNN yesterday that the potential move is part of Tehran’s plan to manage the flow of oil tankers through the strategic waterway.Global oil is predominantly traded in US dollars, except for sanc…
The Nation
Iran considering limited tanker passage through Strait of Hormuz if cargo paid in yuan: Report
Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that the cargo is traded in Chinese yuan, a senior
Under one condition: transactions must be made through the Chinese currency. Moreover, the Secretary-General of the PCP challenges the large Portuguese economic groups to support the costs of war.
Iran considers allowing oil tankers via Strait of Hormuz
Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that the cargo is traded in Chinese yuan, Anadolu Ajansi reported, citing a media report. A senior Iranian official told CNN yesterday that the potential move is part of Tehran’s plan to manage the flow of oil tankers through the strategic waterway. Global oil is predominantly traded in US dollars, except for sanctioned Russian oil,…
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