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标题：Does Iran have a yuan-for-Hormuz oil trade plan? Why analysts in China are urging caution

The world’s most vital energy artery has been largely paralysed since the launch of US-Israeli strikes on Iran last month

正文：For decades, the Strait of Hormuz has served as the global economy’s maritime jugular—a narrow conduit through which a fifth of the world’s oil supply flows. Today, that vein is being throttled. Since late last month, following a series of strikes as the US-Israel conflict with Iran intensified, the waterway has been effectively paralyzed. Into this volatile theater, Tehran has tossed a bold financial gambit: a "yuan-for-passage" arrangement. While the proposal offers a symbolic boost to China’s currency ambitions, Chinese observers are greeting the news with profound skepticism, warning of the strategic traps lying just beneath the surface.

知识点：serve as
to act as; to function as. 充当；用作
e.g. The old bookshelf in the corner can serve as a storage cabinet for daily necessities. 角落里的旧书架可以用作存放日用品的储物柜。

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