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The End of Petrodollar Era? How Trump's Iran Deal Undermines the Dollar

Washington has shot itself in the foot by announcing the upcoming resumption of anti-Iranian sanctions, as Chinese and European investors are already seeking to circumvent US restrictions. By shifting to yuan-, euro- and ruble-denominated trade with Iran, they could deal a blow to the dominance of the US dollar....

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Published By: http://sputniknews.com - Wednesday, 16 May