Oil trade is shifting as power games expose cracks in the petrodollar system. Corruption and nepotism weaken global trust. Trump’s reckless stance adds risk, hurts allies, and ignores human cost. The US must lead with responsibility, not ego. #Geopolitics #Economy #Accountability https://moderndiplomacy.eu/2026/04/04/war-in-iran-tests-the-petrodollar-as-chinas-yuan-gains-ground/
War in Iran Tests the Petrodollar as China’s Yuan Gains Ground

The Deutsche Bank assessment indicated that the ongoing conflict might trigger the decline of petrodollar while starting the petroyuan system.

Modern Diplomacy