This is why China is gaining global influence, while USA loses it

This is why China is gaining global influence...

Ben NortonBen Norton

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Iran challenges US dollar, says oil must be sold in Chinese yuan, as it targets US corporations

In response to the US-Israeli war, Iran shut down the Strait of Hormuz, the most important oil chokepoint on Earth, causing energy prices to skyrocket. However, Tehran is allowing Chinese tankers through, and says other ships can pass if they agree to sell oil in China's currency ...  Show more

 . 45min 22sec
US war on Iran isn't just about Israel; it's mainly about oil and dollar dominance

Why is the USA waging war on Iran? It's not just because of Israel. Washington wants to control the oil of the Middle East (West Asia) to maintain the petrodollar system. The Trump admin fears the dedollarization movement's challenge to the global reserve currency, which is the U ...  Show more

 . 52min 10sec

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