Iran oil sanctions could advance China’s ‘petro-yuan’

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Iran oil sanctions could advance China’s ‘petro-yuan’

12 May 2018, News Wires – China is positioned to be a chief beneficiary of the U.S. decision to withdraw from the Iran nuclear deal as it would give China leverage to demand oil imports be priced in yuan, several currency experts said. President Donald Trump is preparing to impose new sanctions on Iran, the …

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