Iran drops oil BOMB

Discussion in 'Wall St. News' started by MrDODGE, Jul 13, 2008.

  1. "Iran has really gone and done it now. No, they haven’t sent their first nuclear sub into the Persian Gulf. They are about to launch something much more deadly ��" next week the Iran Bourse will open to trade oil, not in dollars but in Euros.��"Scottish Socialist Voice, issue 264).

    The Iranian Oil Bourse (OIB) was registered on May 5 this year. The consequences are horrendous: with the dollar no longer the sole currency with which to trade oil, its credibility as the benchmark has weakened gravely and thrown all world currencies into a tailspin"
  2. bat1


    We knew this was coming, it's old news

    the markets will adjust:)
  3. f iran..

    they dont sell any oil to the west anyway