Iran Wants to Dump Dollar in Crude Oil Trade

(Iraq wanted to go off the dollar in crude oil trading, so we invaded the country under the guise of 9/11, then Yellow Cake from Niger, then WMDs and then finally because he was killing his own people. Libya was setting up the whole of Africa to go off the petro dollar so we regime changed that country via a “humanitarian intervention” similar to the last lie told to us by George W. Bush regarding Saddam. Now we have Iran making the same noise about leaving the dollar.)

RT

Iran wants post-sanctions’ oil contracts denominated in dollars and have buyers pay in euros, Reuters reported. Tehran is also keen to receive money owed to it since the pre-sanctions days in the European currency.

The country’s crude deliveries are to be restored soon, with companies such as the French giant Total, Spanish refiner Cepsa and Litasco and the trading arm of Russia’s Lukoil already holding contracts. Reuters source at state-owned National Iranian Oil Co (NIOC) told the agency that Tehran wants to receive payment in euros.

[read more here]

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