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Wednesday, April 8, 2026
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In Strait of Hormuz, Iran and China take aim at US dollar...

Tehran and Beijing both stand to gain from boosting status of the Chinese yuan.

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In Strait of Hormuz, Iran and China take aim at US dollar...
Source: Al Jazeera

What’s Happening

Okay so Tehran and Beijing both stand to gain from boosting status of the Chinese yuan.

More details are expected to emerge soon.

Why This Matters

This is part of the larger geopolitical picture unfolding right now.

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