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

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. Read Full Article at RT.com source: https://ift.tt/2jTiJO9 #Headlines by: RT Original Post: https://ift.tt/2jTiJO9 https://ift.tt/2wDPQ1z
source: https://droolindognews.blogspot.com/2018/05/chinas-petro-yuan-thundering-into.html