> Petrov insists that the Iranian Oil Bourse threatens future US currency-based
> oil trade because not only India, China, and Saudi would prefer to trade in
> Euros, but that they would like to dump a lot of the US dollars they now
> hold. Obviously, European nations would also prefer oil transactions in
> Euros too.

This begs the question why Chirac is so hostile to Iran in the "nukes" crisis,
he even threatened to pre-emptively nuke Iran.  Perhaps because he owes that
to his good buddy Ariel Sharon ?

Chris



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