Turkish → English transcript

The United States of America and especially

it both wants to dominate world trade and, together with the dollar,

it wants to establish a hegemony, but if you look at the latest situation,

we can see that this petrodollar system is now slowly heading toward collapse.

You know we always explain this,

especially even when talking about this National Economy Model,

Professor Doctor Haydar Baş’s model, we had always emphasized this. Both at the

events held about that model and at conferences and in our news,

we had emphasized it. It really is so.

Now look, ships that make payments in

yuan can pass through the Strait of Hormuz and they do not encounter any problems.

Now what does it mean for this to increase even more?

For the United States, it means that a kind of alarm bell is ringing, dear viewers.

Chinese sources are trying to protect this order, this new form, that is,

this trade conducted with the yuan.

They are trying. For this, it is also stated that every option,

including military ones, is on the table. For this, that is,

including the military option, every option is said to be on the table.

Let them go ahead. The United States of America,

in the war that has been going on for twenty days between Israel and Iran,

the outcome of all equations points to Hormuz. In this critical strait,

through which 25 percent of the world's oil and natural gas passes,

an Iranian bloc is not allowing passage.

Here is the fate of a U.S.- flagged ship that insisted on passing

despite the warnings. the fate of the ship. A large number of ships are waiting on

both sides of the strait. Iran had asked these ships to pay the passage fee in yuan.

This oil tanker belonging to India accepted the offer, made the payment in

yuan and passed through the Strait of Hormuz without any problems.

The Iranian Revolutionary Guards giving the ship a special safe passage permit

has become one of the concrete reflections on the ground

of new geopolitical equations in energy trade and non- dollar payment systems.

The petrodollar system is step by step being phased out.

The spread of trade in yuan will turn the Chinese currency into one of

the world's reserve currencies. All options are on the table,

including military support. In recent times,

Chinese media have frequently featured these military images.

Images of Chinese leader Xi Jinping in military uniform are being circulated.

The comments on the Strait of Hormuz by Ray Dalio,

regarded as one of the wise figures of financial markets, were also much discussed.

Dalio recalled the 1956 Suez crisis. At that time, Britain,

which ruled the world and made the pound a reserve currency,

It was shaken when Egypt nationalized the Suez Canal. Britain did not just

lose a canal, it lost its empire too. Trust in the pound collapsed,

the colonies broke away one by one. Ray Dalio warns: Hormuz is America’s Suez.

A superpower that cannot control this place is no longer truly super.

If America wins,

it will renew its hegemony and confidence in the dollar will grow. If America loses,

the dollar will collapse, allies will

shift to BRICS and the American century will officially sink in the

waters of Hormuz.