Petrodollars? Not in Iran anymore!
Not that our warlords need any
special excuse.
Major crude producer Iran has completely stopped
carrying out its oil transactions in dollars, Oil Minister Gholam Hossein Nozari
said…
“At the moment, selling oil in dollars has been completely halted, in line with the policy of selling crude in non-dollar currencies”…
“The dollar is an unreliable currency, considering its devaluation and the oil exporters’ losses,” he added.
Nozari did not specify in which currencies Iran was now being paid. In the past, officials have said most oil income was in euros, with a significant percentage in yen.
The dollar is as worthless as our government.
“At the moment, selling oil in dollars has been completely halted, in line with the policy of selling crude in non-dollar currencies”…
“The dollar is an unreliable currency, considering its devaluation and the oil exporters’ losses,” he added.
Nozari did not specify in which currencies Iran was now being paid. In the past, officials have said most oil income was in euros, with a significant percentage in yen.
The dollar is as worthless as our government.
Posted: Sun - December 9, 2007 at 05:04 PM