The Iranian Oil Bourse

The dispute over Iran’s nuclear program is nothing more than a convenient excuse for the U.S. to use threats to protect the “reserve currency” status of the dollar. Recall that Saddam announced Iraq would no longer accept dollars for oil purchases in November 2000 and the U.S.-Anglo invasion occurred in March 2003. Similarly, Iran opened its oil bourse in 2008, so it is a credit to Iranian negotiating ability that the “crisis” has not come to a head long before now.

Despite the anti-Israel propaganda found within this op-ed piece,there is a lot of valuable insight to be found.

Remember,there is always at least two sides to every story.

March 20,2012 is an important date.

Read on to find out why.


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