Iran considers opening Hormuz Strait for tankers trading oil in Chinese yuan

Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that their cargo is priced in Chinese yuan, a senior US official told CNN. The potential move comes as Tehran develops a new plan to regulate the flow of tankers through the waterway, the official … Continue reading Iran considers opening Hormuz Strait for tankers trading oil in Chinese yuan