petrodollars

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  • Page 4 2026-05-25 12:57

    Petrodollar loop broken as Iran war chokes Persian Gulf wealth

    TEHRAN – The escalating war with Iran is doing more than disrupting oil tankers. Analysts warn it is shattering the 50-year-old “petrodollar loop” that has quietly subsidized American borrowing costs and lubricated global finance.

  • Page 4 2026-04-21 15:25

    ‘Petro-Yuan’: A silent earthquake in global economy

    TEHRAN- Simultaneously with the escalation of geopolitical tensions in the Persian Gulf and the halt of vessel traffic in the Strait of Hormuz, media outlets have reported on China's decision to conclude oil contracts based on the Yuan with Persian Gulf countries, a move that analysts have interpreted as a challenge to dollar hegemony and a silent earthquake in the global economy.

  • Gilan’s tourism potential could rival oil revenues, minister says 2025-08-23 15:18

    Gilan’s tourism potential could rival oil revenues, minister says

    TEHRAN – Iran’s Minister of Cultural Heritage, Tourism and Handicrafts said on Saturday that the northern province of Gilan has the capacity to generate revenues on par with oil if investment in tourism infrastructure is prioritized.