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Interesting - The petroyuan was not on my radar at all. https://ipr.blogs.ie.edu/2025/06/27/geopolitics-of-oil-how-china-is-challenging-the-petrodollar-through
by mayhemducks 8mo ago
Interesting - The petroyuan was not on my radar at all.
https://ipr.blogs.ie.edu/2025/06/27/geopolitics-of-oil-how-china-is-challenging-the-petrodollar-through-the-pedro-yuan/ https://ipr.blogs.ie.edu/2025/06/27/geopolitics-of-oil-how-c...: This article explores case studies such as Russia, Iran, and Venezuela, illustrating how the petroyuan has been implemented to bypass sanctions and reduce dependence on US financial systems.
- direwolf20 8mo agoIt's ironic, isn't it? After going to war so many times to protect the petrodollar, the US deleted the petrodollar itself.