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    Iran Proposes Yuan Trade for Oil Tankers in Hormuz Strait

    March 15, 2026
    DenizHaber
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    Iran Proposes Yuan Trade for Oil Tankers in Hormuz Strait
    Photo: DenizHaber

    Iran may allow oil tankers in the Strait of Hormuz if traded in yuan, reflecting shifts in global energy amid U.S.-Israeli tensions.

    According to a senior official speaking to CNN, Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that oil is traded in Chinese yuan. This plan, which has emerged amid ongoing tensions between the U.S., Israel, and Iran in the region, indicates a search for a new balance in global energy trade.

    It has been suggested that Iran is evaluating the possibility of allowing oil tankers to transit through the Strait of Hormuz, provided that oil is traded in Chinese yuan.

    According to a report by CNN citing an unnamed senior official, Iran is assessing the issue of permitting passage through the Strait of Hormuz.

    The official claimed that Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz, conditional on oil being traded in Chinese yuan.

    The official also noted that this potential step comes at a time when Iran is working on a new plan to manage the flow of oil tankers passing through the strait.

    In U.S.-Israeli attacks, Iranian leader Ayatollah Ali Khamenei, along with many senior officials, has been killed.

    According to Iranian officials, the death toll from U.S.-Israeli attacks has exceeded 1,348, with the number of injured surpassing 17,000.

    Source: SeaNews Türkiye

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