2026-03-14 06:46:06

Gate News report: On March 14, CNN cited remarks from a senior Iranian official stating that Iran is considering allowing a limited number of tankers to pass through the Strait of Hormuz (a globally critical oil transport corridor), on the condition that the oil cargo carried by these tankers must be settled in Chinese yuan. The source added that Iran is currently working to formulate a new plan to manage tanker transit through the Strait of Hormuz, with the aforementioned potential measure being proposed in this context. CNN noted that current international oil trade is settled almost entirely in US dollars, with the only exception being sanctioned Russian oil, which is transacted in rubles or Chinese yuan.

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WaitPatientlyForTheR

· 03-14 06:46

Gate News report: On March 14, CNN cited a senior Iranian official saying that Iran is considering allowing a limited number of tankers to pass through the Strait of Hormuz (a critical global oil transportation route), provided that the oil cargo carried by these tankers must be settled in Chinese yuan. The source added that Iran is currently working on developing a new plan to manage tanker passage through the Strait of Hormuz, and the aforementioned potential measure was proposed in this context. CNN noted that current international oil trade is settled almost entirely in US dollars, with the only exception being sanctioned Russian oil, which is traded in rubles or Chinese yuan.

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