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Originally Posted by gustavo Sorry that is one of those legends which are announced by the 'fans of conspiracy'  |
It's fun to read.
But: where is smoke, there is also a fire.
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The amount of iran oil which ist traded worldwide is very low.
iran traded 55 billion dollar in 2005. Exxon Mobile has a trading volume
of 360 billion dollar alone!
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Venezuela supports Irans plans. Iran and Venezuela are world's 4th and 5th biggest oil exporters (after KSA, Russia & Norway).
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Iran wants to establish his own trade bourse
Not very possible that will be a thread. If its happening: Who will trade there his oil? Russia? Not very possible.
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China & Japan perhaps? They are already biggest oil importers from Iran.
But the Venezuela role is even more important - if they start to trade in euros, that will hurt US more - since Venezuala is 4th biggest US oil supplier.