politics
The Petrodollar Still Holds Strong, But Iran’s Moves Raise Questions
April 11, 2026
Iran keeps control of the Strait of Hormuz and lets a few ships pass for payment in yuan or crypto. The U. S. Navy plans to clear mines there, showing the route is still a point of tension. The U. S. dollar remains the main currency for buying oil worldwide, and analysts say that gives it a big a
