"In Strait of #hormuz #Iran and #China take aim at #US dollar hegemony"

"The supremacy of the #dollar is especially apparent in the global oil market, where about 80 percent of transactions are settled in the currency, according to a 2023 estimate by JP Morgan Chase.

In Iran’s control of the Strait of Hormuz, a conduit from the Gulf for about one-fifth of global oil and liquefied natural gas supplies, Tehran and Beijing have found a tool to boost the Chinese yuan as an alternative to the greenback

Under Iranian officials’ de facto toll booth regime, commercial vessels are being charged transit fees in #yuan, according to multiple reports, the latest example of deepening Chinese-Iranian economic cooperation facilitated by China’s currency"

https://www.aljazeera.com/economy/2026/4/8/in-strait-of-hormuz-iran-and-china-take-aim-at-us-dollar-hegemony

#petroyuan

In Strait of Hormuz, Iran and China take aim at US dollar hegemony

Tehran and Beijing both stand to gain from boosting status of the Chinese yuan.

Al Jazeera

RE: https://aus.social/@oscarjiminy/116366191579616446

This's really an extraordinarily good piece by Mona Ali

'Suez did not quite mark the end of an era. Rather, it was the moment when the transition from sterling to dollar hegemony first became visible. Much the same is true of Hormuz. The question is: what is the next order going to look like?'

#history #petroYuan #petroDollar #hegemony

For all those predicting global economic doom and gloom as a result of US and Israel’s illegal war on Iran there is a silver lining to the approaching cloud.

The end of the #petrodollar.

The end of the petrodollar will mean #US inflation and economic chaos will no longer affect the world as it has in the past.

A #Multipolar global economy will mean fairer trade and prosperity for those who choose to honour their trade agreements and obligations to the world.

US will no longer have the power to impose trade sanctions on other nations to benefit its own economic and political interests.

The best thing about an end to US hegemony will be the economic consequences on #USA limiting its ability to start endless wars against countries unwilling to succumb to US bullying.

#USPol #UKPol #China #Iran #PetroYuan #CdnPol #CdniPol #AusPol #NZPol #EUPol #Japan #Korea #Russia #SaudiArabia #Israel #Palestine #GCC #OilCrisis #Trump

https://youtu.be/hYjhe3rhvrI

PetroDollar Is DEAD, Yuan Is REPLACING the Dollar in Oil Trade - The END for U.S. Economic Power

YouTube

El fracaso de la #invasion de la coalision #Epstein contra #Iran plantea preguntas que los #medios de #prensa y #propaganda en #EEUU, #Israel y #Europa no quieren siquiera plantearse:

1) ¿Que futuro le depara a las #petromonarquias cuando #USA abandone la zona? (Y aqui no solo se habla de la desaparicion de las bases, sino del resto de la infraestructura)

2) ¿Que sera de Asrael si los "domos" no vuelven a levantarse, repararse y mejorarse?

3) Y la pregunta quisas mas importante... ¿Por que los medios no quieren hablar del #Petroyuan ni de sus mas que probables consecuencias para la #economia y el futuro del #dolar?

Tengo mis tesis al respecto y las compartire en el futuro...

PS: Tambien hay un tema que nunca se cerrara y que terminara por destruir al sistema juridico internacional entorno a los #DDHH... ¿Sabian que la Coalision Epstein ha cometido
- Crimenes de Lesa Humanidad
- Crimenes de Guerra
- Crimenes contra la Humanidad
- Crimenes de Genocidio?
De esto me acabo de enterar

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.

#RegimeChangeFail #HormuzIsIranian #PetroYuan #USLoses

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

https://youtu.be/fGDVF0un58s?si=0wXxcKwnfljI79AA

Petrodollar DYING - Deutsche Bank Warns Iran War 'Catalyst,' Yuan Replacing Dollar in Oil

YouTube

¿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.

#USPolitics #TrumpWar #IranWar #PetroYuan