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Yuan the winner of Hormuz crisis, but greenback is safe. Here’s why

Summary by Australian Financial Review
The “petroyuan” is having its moment in the Strait of Hormuz, but the US dollar remains deeply entrenched as the currency of choice in trade and investment.

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Australian Financial ReviewAustralian Financial Review
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Yuan the winner of Hormuz crisis, but greenback is safe. Here’s why

The “petroyuan” is having its moment in the Strait of Hormuz, but the US dollar remains deeply entrenched as the currency of choice in trade and investment.

·Sydney, Australia
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  • 100% of the sources lean Right
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Australian Financial Review broke the news in Sydney, Australia on Tuesday, March 31, 2026.
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