US wanted regime change in Iran. Instead, Iran changed the regime of Hormuz.
No free lunch. Pay toll in yuan or turn back.
America lost. Iran won. The strait now has new rules.
US wanted regime change in Iran. Instead, Iran changed the regime of Hormuz.
No free lunch. Pay toll in yuan or turn back.
America lost. Iran won. The strait now has new rules.
Petrodollar DYING - Deutsche Bank Warns Iran War 'Catalyst,' Yuan Replacing Dollar in Oil
#HouseofEl
For 50 years, one rule defined global finance: oil flows, dollars follow. That rule is now being tested in real time—and even Deutsche Bank is warning the system may be starting to crack. #Geopolitics #Petrodollar #Petroyuan

¿Que le podria estar pasando a las reservas del Club #Epstein despues de la nueva oleada de ataques con #Iran?
Segun WallStreet, el precio del #petroleo se acerca cada vez mas a los 120 US$
Hace menos de una semana atras escuche a varios analistas, "que el peor escenario al que podria llegar #EEUU y conseguir que su propia economia se derrumbara seria romper la barrera de los 120 US$"
Esto implicaria una inflacion global desatada, economias pequeñas en recesion hasta por años, un decrecimiento del PIB global y una desconfianza hacia #EEUU sin retorno
La #desdolarizacion puesta sobre la mesa por #Iran a traves del #petroyuan va a tener una victima clara:
El tesoro de los #Estados Vendidos no podra pagar los intereses de su deuda ni este, ni el proximo, y probablemente tampoco el subsiguiente año, dañando a su economia de manera irreversible, siendo la estocada letal para el imperio del #dolar
Ninety percent of Iran’s oil was exported to China, also the top customer of Saudi Arabian crude.
Mallika Sachdeva: "The world saves in dollars in large part because it pays in dollars".
“Damage to Gulf economies could encourage an unwind in their foreign asset savings held largely in dollars”.
https://www.middleeasteye.net/news/war-iran-could-be-catalyst-erosion-us-petrodollar-deutsche-bank-says @estelle
#petrochemicals #markets #oilAndGas #oil #Gulf #geopolitics #Asia #fossilFuels #USD #dollar #petrodollar #petroyuan #FX
At this point, it is fantasy to think that the U.S.A. Congressional mid-terms will fix all this.
#Japan will run out of strategic oil reserves, for one thing, long before new elected Representatives take their seats in January 2027. Projections seem to indicate that Germany, France, South Korea, the U.K., and Australia will run out even sooner than that.
At this rate, the #FIFAWorldWar will get seriously bad before the FIFA World Cup even begins.
As for #Japan: It has more problems than just jet fuel prices. Its strategic reserves are at best 254 days. Japan Times reported that it released the first month's worth of that this week.
So my thinking is to watch for Japan seriously considering switching from the #PetroDollar to the #PetroYuan to get its oil supply back; because its other choice is military. Neither sits well.
>> Talk about an in-depth systemic vision.
>> …the Chinese are treating economy, energy security, ecology, education, and health care as if they are organs of the same fit body.
And that body, metaphorically speaking, expands from #China to rest of #Asia, #Europe, #Africa, and #GlobalSouth — everywhere EXCEPT #NorthAmerica.
>> #StraitOfHormuz gambit with #Iran only allowing transit for oil tankers whose cargo has been settled in #petroyuan…only #yuan…
That is to establish #China as the new hegemon who has been laying physical infrastructure with its #BeltAndRoadInitiative all over the world EXCEPT North America. Yuan as the financial lifeblood of commerce is to complement the physical #BRI infrastructure.
Instead of the #US, the new hegemon for the region will be China
Very perceptive article! Well worth a read!
“How Iran and China shaped the war chessboard”
by Pepe Escobar in The Cradle
@palestine
@Palestine
@[email protected]
@iran
“China’s dual-track response to the US–Israeli war on Iran reflects a broader geopolitical and economic strategy that stretches from the battlefield to the global financial system”
https://thecradle.co/articles/how-iran-and-china-shaped-the-war-chessboard
#Press #SocialMedia #Iran #War #Trump #Israel #OperationEpsteinFury #OperationEpicMistake #RegimeChange #WarCrimes #CrimesAgainstHumanity #China #Chessboard #Go #Russia #BRICS #PetroYuan #PetroDollar