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🚨BREAKING:
A senior Iranian official told CNN that Tehran is considering allowing limited oil tanker passage through the Strait of Hormuz but only if the cargo is traded in Chinese yuan .
The official said this potential move is part of Iran's broader plan to "manage the flow of oil tankers" through the strategic waterway.
Why this is seismic:
Global oil is almost exclusively traded in USD. The only exception is sanctioned Russian oil, which trades in rubles or yuan.