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Iranian Oil Bourse Postponed

Mar 19, 2006

The Persian Journal reports that there has been a postponement of the new Iranian oil bourse that was supposed to be implemented on March 20, 2006. And when it is implemented, it will be more gradual than had been reported earlier. And that they will at first accept both dollars and euros at the discretion of the customers, but work toward doing business excusively in euros.

Read the full article at the address below.

http://www.iranian.ws/iran_news/publish/article_14125.shtml


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Category: Middle East
Blog Author: Dr. Stephen Jones