The Network · 2026-04-13 23:22:30 · Bloomberg Markets
The escalating conflict in Iran is injecting new momentum into a long-standing strategic ambition: challenging the US dollar's dominance with China's yuan. This geopolitical shock is reviving discussions and enthusiasm around the potential for a 'petroyuan'—a mechanism for pricing and settling oil trades in Chinese cur...
The Network · 2026-04-14 01:52:29 · Japan Times
The geopolitical shockwaves from the Trump administration's conflict with Iran are unexpectedly accelerating a long-term strategic goal: China's push to elevate the yuan as a rival to the U.S. dollar in global oil markets. This renewed momentum for the 'petroyuan' stems not from a Chinese policy shift, but from externa...
The Network · 2026-04-26 04:24:06 · ZeroHedge
A leaked Kremlin memo reveals Moscow is exploring a return to dollar-denominated energy settlements, signaling a potential collapse of Beijing's flagship currency strategy. The document, drafted this year, outlines seven proposed areas of economic convergence with Washington, including direct dollar transactions for Ru...