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Saturday, November 22nd, 2008

Posts Tagged ‘ Dollar Investments ’

Iran Dumps Dollar for Oil Transactions

Apr 30th, 2008 | By Contrarian Profits | Category: Featured, Financial News

Iran has stopped trading in US dollars for oil, according to a top Iranian oil ministry official.

The official, Hojjatollah Ghanimifard, told Iranian state-run television today that “the dollar has totally been removed from Iran’s oil transactions,” and that the country has “agreed with all of our crude oil customers to do our transactions in non-dollar currencies.”

The dollar’s spending power, like it or not, is at the mercy of Iranian president President Mahmoud Ahmadinejad, says Addison Wiggan

Tags: Dollar Investments, Hugo Chavez, Iran Oil, Iran Oil Dollar, Iranian President, Mahmoud Ahmadinejad, Oil Prices, peak oil, Vladimir Putin
Posted in Featured, Financial News | No Comments »

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