Do you know Iran stop using US$ in its crude oil transactions?

Discussion in 'Commodity Futures' started by tradealarm, Jun 21, 2008.

Do you know Iran stop using US$ in its crude oil transactions?

Poll closed Sep 19, 2008.

  1. Yes. I took advantage of this info

    4 vote(s)
    30.8%

  2. Yes. I ignored this info.

    5 vote(s)
    38.5%

  3. No. I should have avoided my investment mistake if I knew

    0 vote(s)
    0.0%

  4. No. I don't know and I don't care

    4 vote(s)
    30.8%
  1. tradealarm

    tradealarm

    I wonder how many people took this info seriously because this info didn't appear as top line in major media.
     
    #1     Jun 21, 2008
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  2. RiceRocket

    RiceRocket

    It's not a big deal. U.S. hasn't bought crude from Iran in ages.
     
    #2     Jun 21, 2008
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  3. ByLoSellHi

    ByLoSellHi

    Oil is fungible, though. So, as long as the U.S. imports any of the crude it uses, not buying from Iran just means we increase buying from others.
     
    #3     Jun 21, 2008
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  4. daddyeaux

    daddyeaux

    old old news and FX is just a mouse click
     
    #4     Jun 21, 2008
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  5. number22

    number22

    I wish i can believe it, but it is not true. There are companies specialize in trading Iranian oil and send it worldwide. LOL
     
    #5     Jun 21, 2008
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