Latest Stories

Hormuz: Oil, Yuan and the Dollar

by Andrea Tucci, Amid rising tensions in the Persian Gulf, a proposal reportedly being considered by Iran could have consequences far beyond the price of oil or the security of maritime routes. According to several international sources, Tehran is evaluating the possibility of allowing oil tankers to pass through the Strait of Hormuz only under one condition: that the oil be paid for in Chinese yuan rather than in U.S. dollars. If such a scenario were to materialize, it would

Geopolitic analysis from the Middle East by Prof. Pejman
Editorial project by Andrea Tucci

Top Stories

Environment & Climate News

Lifestyle