'Hard to unseat the king': Iran's control of Hormuz may not be end of petrodollar
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Source: Middle East Eye
Published: 2026-04-08 07:21 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, Trade & Sanctions, World News, Business & Economy
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Snippet:
Keeping control of the Strait of Hormuz will be easier for Iran than unseating the dollar's dominance of the global oil trade, despite Tehran’s efforts to dent the greenback’s hegemony, experts say.
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