Iran is reportedly seeking to reshape global energy payments by encouraging oil transactions in Chinese yuan and alternative currencies, marking a potential shift away from the U.S. dollar.

The move comes as tensions rise in the Strait of Hormuz, where Iran holds significant influence over one of the world’s busiest oil routes.

According to emerging reports, tankers transiting the region may be asked to settle payments in yuan or even cryptocurrencies, rather than dollars.

The development has raised concerns in Washington, where policymakers view the dominance of the dollar in oil trade as a key pillar of U.S. economic power.

Donald Trump has warned Iran to reopen the strait, linking economic pressure with military threats.

Experts say the shift, if confirmed, could signal a broader push toward alternative global payment systems.