Tornado Alley (PROG)

[Garden Rose]

China, Russia, Iran the BRICS already prepared for that and will be trading with their local currencies, cutting out the need for foreign banks. India is doing it by barter, exchanging wheat and other needed items in exchange for Iranian oil.

Also, if the other countries reduce their import of Iranian oil, China will gladly pick up the slack, they could double or more their need of Iranian oil.