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Middle East

Iran Hits Dollar with YuanWorld

Iran Demands Oil Tariffs in Chinese Yuan, Threatening Dollar Dominance

Iran eyes $40-50 billion yuan tariffs on Strait shipping. Could this erode 50 years of petrodollar dominance and shift global energy markets toward China?

By Chris Ogden, The Conversation
May 08, 2026 16:44 IST 4 Min read
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Iran-Israel Conflict: Here's How Israel Could Now Hit Back at Iran
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