🇨🇳 China Defies Trump: Will Keep Buying Oil from Russia & Iran Despite U.S. Threats
♦️China has declared it will continue purchasing oil from Russia and Iran, even as former U.S. President Donald Trump warns of “serious consequences”. ♦️This move underscores Beijing’s strategic energy ties and signals its resistance to U.S. pressure amid escalating geopolitical tensions and sanctions threats.
📊Key Facts:
* ❇️China is the world’s largest oil importer.
* ❇️Russia & Iran are under heavy U.S. sanctions.
* ❇️Energy trade remains a major point of U.S.-China conflict.
Potential Boost for Crypto as a Sanctions Workaround
* ♦️If tensions escalate and U.S. sanctions tighten, countries like Russia and Iran might increase their use of cryptocurrencies to bypass the U.S.-controlled SWIFT system for international payments.
* ♦️This could lead to higher demand for Bitcoin, stablecoins, or CBDCs (Central Bank Digital Currencies) in cross-border trade.
* ♦️China might settle more oil trade in yuan instead of U.S. dollars.
* ♦️If oil trade moves away from the dollar, it weakens the dollar’s dominance — and in turn, some investors may shift to crypto as an alternative store of value.
* ♦️Geopolitical tension usually pushes investors to safe-haven assets like gold — and increasingly, Bitcoin is being seen as “digital gold.”
* ♦️Short-term, rising uncertainty could increase BTC volatility.
* ♦️If crypto becomes a major tool for sanctions evasion, the U.S. and allies could push stricter regulations on crypto exchanges and stablecoins.
MY POV: If oil trade sanctions trigger a de-dollarization trend, crypto could benefit in the medium-to-long term as an alternative financial rail — but short-term volatility and regulation risks will spike.📈
#China #Russia #Iran #OilTrade #GeopoliticsImpact #USChinaRelations #EnergySecurity #Sanctions #DonaldTrump #GlobalTrade #OilPrices #EnergyPolitics
