The Implications of the opening of Iran's Oil Bourse

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Propeller

• March 09, 2008
• 

  The Implications of the opening of Iran's Oil Bourse

  Posted: March 9th, 2008, 4:02am by berkeley

  The trading of oil for the Euro instead of US dollars is an extremely important historical precedent set by Iraq that must be understood to fully grasp the implications of Iran's announcement in December of 2006 that they would "use Euro instead of US dollar in (their) next year's budget."

  Channel: Politics Tags: iraq iran war euro dollar