Iran to start non-USD oil trade

very important development:

1. http://www.telegraph.co.uk/finance/commodities/9077600/Iran-presses-ahead-with-dollar-attack.html

Iran presses ahead with dollar attack

Last week, the Tehran Times noted that the Iranian oil bourse will start trading oil in currencies other than the dollar from March 20. This long-planned move is part of President Mahmoud Ahmadinejad’s vision of economic war with the west.

2. http://www.globalsecurity.org/wmd/library/news/iran/2012/iran-120211-rianovosti01.htm

18:44 11/02/2012 TEHRAN, February 11(RIA Novosti correspondent Marc Bennetts) - Iranian President Mahmoud Ahmadinejad said on Saturday that Tehran would soon reveal “major” progress in its disputed nuclear program.

“Iran will announce in the next few days some very important and major nuclear achievements,” Ahmadinejad said at a rally attended by tens of thousands of people to mark the 33rd anniversary of the 1979 Islamic revolution.

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another big brick taken away from USD support structure,,, -hercules007- 給 hercules007 發送悄悄話 hercules007 的博客首頁 (0 bytes) () 02/12/2012 postreply 16:39:26

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