Iran is accelerating the process of establishing a "petro-yuan".

CoinFeed reported on April 11th that, according to Jinshi, the petro-yuan is reaching a critical point, and Iran is accelerating the final push in its "de-dollarization" efforts. Alasdair Macleod, a leading global precious metals analyst, pointed out that Iran's actions in promoting the petro-yuan are more direct and aggressive than China's. To some extent, it is accelerating the weakening of the dollar system's foundation at the expense of the petrodollar.