sanitation@lemmy.today to politics @lemmy.world · 3 days agoAmerica has lost its war with Iranwww.independent.co.ukexternal-linkmessage-square114linkfedilinkarrow-up1530arrow-down17cross-posted to: world@lemmy.world
arrow-up1523arrow-down1external-linkAmerica has lost its war with Iranwww.independent.co.uksanitation@lemmy.today to politics @lemmy.world · 3 days agomessage-square114linkfedilinkcross-posted to: world@lemmy.world
minus-squarekrisevol@lemmus.orglinkfedilinkEnglisharrow-up4arrow-down4·2 days agoThe whole point of the war was to stop oil sales in chinese yuan. It’s as simple as that. Gold has been surging and that was because they country was trading gold for yuan to buy oil. Now they can’t do that. Oil is traded in USD again.
minus-squareℍ𝕂-𝟞𝟝@sopuli.xyzlinkfedilinkEnglisharrow-up2·2 days agoDid it stop though? Why can’t they use RMB, what changed?
minus-squarekrisevol@lemmus.orglinkfedilinkEnglisharrow-up1·2 days agoBecause we sent the us military to stop RMB oil sales
minus-squareℍ𝕂-𝟞𝟝@sopuli.xyzlinkfedilinkEnglisharrow-up2·2 days agoBut did they stop? It looks like the US military was defeated
minus-squarekrisevol@lemmus.orglinkfedilinkEnglisharrow-up1·2 days agoThey did stop. Now all insurance and oil is USD on the straight currently
minus-squareℍ𝕂-𝟞𝟝@sopuli.xyzlinkfedilinkEnglisharrow-up2·2 days agoCan you put a source to that? All I could find is the US allowing Iran to start selling oil without restrictions. It looks unclear at this point.
minus-squareReptilianCleric@lemmy.ziplinkfedilinkarrow-up5·2 days agoBecause of the war, emerging markets are trading oil in yen. I don’t know what your talking about.
minus-squarekrisevol@lemmus.orglinkfedilinkEnglisharrow-up1arrow-down1·2 days agoHave you not been following the gold price surging?
minus-squareMatty Roses@lemmy.todaylinkfedilinkarrow-up2·1 day agoGold price actually Flatliners with the war, as people were selling gold to buy oil
minus-squarekrisevol@lemmus.orglinkfedilinkEnglisharrow-up1·1 day agoYes that is the idea. Instead of selling gold to buy yuan. Now they are selling gold to buy petroldollar.
The whole point of the war was to stop oil sales in chinese yuan. It’s as simple as that.
Gold has been surging and that was because they country was trading gold for yuan to buy oil. Now they can’t do that. Oil is traded in USD again.
Did it stop though? Why can’t they use RMB, what changed?
Because we sent the us military to stop RMB oil sales
But did they stop? It looks like the US military was defeated
They did stop. Now all insurance and oil is USD on the straight currently
Can you put a source to that? All I could find is the US allowing Iran to start selling oil without restrictions. It looks unclear at this point.
Because of the war, emerging markets are trading oil in yen. I don’t know what your talking about.
Have you not been following the gold price surging?
Gold price actually Flatliners with the war, as people were selling gold to buy oil
Yes that is the idea. Instead of selling gold to buy yuan. Now they are selling gold to buy petroldollar.