Iran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US dollar’s dominance in global energy trade. This potential de-dollarization strategy aims to bypass sanctions and bolster ties with China, potentially leading to global financial market volatility and impacting India’s crude imports.
7 investing lessons from Jim Leitner for building the right market mindset
Leitner believes investors should remain open to new ideas and recognise that markets can challenge even experienced participants.