Why has Iran’s state oil company decided to dump the dollar?
Posted by seumasach on February 10, 2016
10th February, 2016
Tehran has taken revenge on Washington for years of US-driven economic warfare against Iran: the National Iranian Oil Company has announced that Iran will only accept payment in euros, not dollars, for its oil, F. William Engdahl notes, adding that Saddam Hussein had adopted a similar ‘petroeuro’ practice, prompting the US to invade Iraq.
In These New Times 
Leave a comment