Hash Chain News Flash | Iran Proposes "Yuan Settlement" Condition for Oil, Strait of Hormuz May Face Key Turning Point

On March 14, according to multiple U.S. media reports, an Iranian official revealed that the Iranian government is considering allowing some tankers to continue passing through the Strait of Hormuz, but has proposed a new settlement condition—relevant oil transactions must be settled in yuan.

This statement has been viewed by the market as an important signal in the current Middle East situation.

Analysts believe that this proposal contains at least four layers of strategic considerations:

First, providing a stepping stone to cool down the situation. Prolonged blockades or threats to blockade the Strait of Hormuz will bring enormous international pressure on Iran, while limited passage of tankers can ease diplomatic pressure.

Second, circumventing the dollar settlement system. If yuan settlement is adopted, part of Iran's oil trade can avoid the dollar clearing network, thereby reducing the impact of U.S. financial sanctions.

Third, promoting an oil settlement "de-dollarization" experiment. If countries accept yuan settlement for oil, this will become an important breakthrough in the global energy trading system.

Fourth, strengthening China-Iran energy cooperation. Yuan settlement not only helps expand China's financial role in energy trade, but may also further deepen long-term cooperation between China and Iran.

The Strait of Hormuz handles approximately 20% of global oil transportation. Any changes in the settlement system or transportation policy could have cascading impacts on the international energy market and global financial landscape.

Against the backdrop of intertwined geopolitics and currency systems, changes in oil settlement currencies often reshape the world order more than missiles do.