Friday, Mar 30, 2007
Invasion imminent.....
IHT,com: Iran planning to stop using U.S. dollar to price oil, central bank governor says
KUALA LUMPUR, Malaysia: Iran is planning to stop using the U.S. dollar to price oil, with less than half of its oil income now paid in the U.S. currency, Iran's central bank governor said.
"That's the plan for the future, we are working on that," Governor Ebrahim Sheibany said in an interview with Zawya Dow Jones News Service late Tuesday when asked if Iran was planning to stop pricing oil in dollars. He was speaking on the sidelines of an Islamic finance forum in Kuala Lumpur, Malaysia's largest city.
Posted by lvmreader @ 05:05 PM (177 views) Add Comment
4 Comments
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1. inbreda said...
If this is true, then USA will definitely invade.
2. lvmreader said...
16:52 30Mar2007 RTRS-CENTRAL BANK GOVERNOR SAYS IRAN HAS PLANS TO STOP SELLING OIL IN DOLLARS COMPLETELY - STATE TV REPORTS
17:03 30Mar2007 RTRS-Iran has plans to stop oil sales in dollars - TV
TEHRAN, March 30 (Reuters) - Iran's central bank governor said Iran had plans to end the sale of oil in dollars completely, state television reported on Friday.
"Iran has plans to stop selling its oil in dollars completely," the report quoted Governor Ebrahim Sheibani as saying.
Iranian officials have said the world's fourth largest oil exporter is earning more of its revenues in currencies other than the dollar. They have also said sales were still calculated based on international dollar prices.
((Tehran newsroom +98 21 8850 0085, edmund.blair@reuters.com))
Keywords: IRAN ENERGY/DOLLARS
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Friday, 30 March 2007 16:52:56RTRS [nBLA056811] {EN}ENDS
3. paul said...
This shouldn't be too surprising. The whole of the Middle East has been moving away from USD towards EUR and CNY for oil trades.
4. denzil said...
lvm I think you may have uncovered something here:
>>((Tehran newsroom +98 21 8850 0085, edmund.blair@reuters.com))
Could that actually be Tony Blair cleverly disguising himself as a Reuters journo called Edmund Blair? I don't know about you but it seems a little fishy to me.