Despite the conflict, Iran
is still shipping large volumes of oil to China, using “dark” transits and selective passage under its control. This is happening
because Iran allows its own tankers to move, not because of a treaty with China.
[cnbc.com]
It is being reported Iran is currently signaling they are willing to let oil through the Straits but ONLY if the cargo trade is done in Chinese Currency...effectively removing the US Dollar from Global Energy Trade
- IBTimes UK reports that Iran has said oil tankers may pass if they are not linked to the U.S. or Israel and the oil is traded in Chinese yuan. [ibtimes.co.uk]
- Türkiye Today likewise reports that a senior Iranian official told CNN that Iran is considering allowing limited tanker passage only if the cargo is traded in yuan. [turkiyetoday.com]
- South China Morning Post confirms analysts discussing the same proposal: Iran allowing tankers through in exchange for yuan‑denominated trade, though they note feasibility concerns. [scmp.com]