Iran stops selling oil in U.S. dollars

[SHRED]

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I know...let's bomb them.
That will help.
:sarcasm:

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Iran stops selling oil in U.S. dollars
Sat Dec 8, 2007 10:10am GMT

TEHRAN (Reuters) - Iran has completely stopped selling any of its oil for U.S. dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world's fourth-largest crude producer.

The ISNA news agency did not give a direct quote from Oil Minister Gholamhossein Nozari. A senior oil official last month said "nearly all" of Iran's crude oil sales were now being paid for in non-U.S. currencies.

For nearly two years, OPEC's second biggest producer has been reducing its exposure to the dollar, saying the weak U.S. currency is eroding its purchasing power.

Iranian President Mahmoud Ahmadinejad, who often rails against the West, has called the U.S. currency a "worthless piece of paper."

http://uk.reuters.com/article/oilRpt/idUKDAH83366720071208

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[Vincardog]

1. GW said the same thing about our Constitution. Not worth the hemp is was written on.

[whistle]

2. Cheney got up from his crypt and is preparing for exactly that...to bomb Iran

...even though American corporations demand it, where has Iran been investing its Petro-dollars?