Saturday, 19 May 2018

China’s petro-yuan ‘thundering into action’ as Iran ditches US dollar in oil trade — RT Business News

China’s petro-yuan ‘ndering into action’ as Iran ditches US dollar in oil trade — RT Business News



Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say. The sanctions can make the yuan a more preferable currency than the dollar on the oil market.

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