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Iran conducts all crude oil trade in euro and yen

TEHRAN, April 30 (Reuters) - Iran, the world's fourth-largest oil producer, is conducting all its crude trading in euro and yen, instead of the U.S. dollar, an Iranian official was quoted as saying on Wednesday.


So, maybe a guy shooting his mouth off, or a mistake of some kind. But Google only has 11 articles grouped in this topic and if it's true, it would be an uncomfortably big story. Because unless I'm wrong, that's a war-starter move.

Thanks to [livejournal.com profile] hepkitten for the pointer

(no subject)

Date: 2008-05-01 12:20 am (UTC)
From: [identity profile] hotelsamurai.livejournal.com
war-starter move.

Really? Ya think? (Not sarcasm; sincere inquiry) Can you cite a precedent?

(no subject)

Date: 2008-05-01 04:12 am (UTC)

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