February 6, 2016

Iran wants euro payment for new and outstanding oil sales - source

Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief.

A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros... Read more.


Iran neemt afscheid van petrodollar en wil olie in euro - Market Update

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