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Explosion! A decade of zero to a 41% surge!
Middle Eastern oil RMB settlement completely overturns the dollar's dominance
Before 2016: almost zero starting point, RMB oil settlement skyrocketed over ten years ๐
2020: only 2%-3%
2022: about 5%
2024: 12%-15%
End of 2025: surged to 25%
Latest data in 2026: directly surpassing 41%!
More intuitive breakdown of core countries: Iran's oil transactions with China are fully settled in RMB, Iraq exceeds 60%, Saudi Arabia also stabilizes above 40%, the dollar-dominated pattern is quietly being rewritten!