Iran is accelerating the process of "Petro-Renminbi"

ME News message: On April 11 (UTC+8), the petroleum renminbi has reached a critical point, and Iran is accelerating the final strike of “de-dollarization.” Global leading precious metals analyst Alasdair Macleod notes that in pushing the “petroleum renminbi,” Iran’s actions are more direct and more aggressive than China’s. To some extent, it is accelerating the weakening of the foundation of the dollar system at the cost of the “petrodollar.” (Source: PANews)