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EnI   EnI is offline
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Re: The real reason why Iran is a huge threat to USA? - 03-10-2006, 12:52 PM

Quote:
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.

Quote:
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!
Venezuela supports Irans plans. Iran and Venezuela are world's 4th and 5th biggest oil exporters (after KSA, Russia & Norway).

Quote:
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.
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.
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Re: The real reason why Iran is a huge threat to USA? - 03-10-2006, 03:19 PM

Quote:
Originally Posted by EniLab
It's fun to read.

But: where is smoke, there is also a fire.
I think it's BS

Quote:
Originally Posted by EniLab
Venezuela supports Irans plans. Iran and Venezuela are world's 4th and 5th biggest oil exporters (after KSA, Russia & Norway).

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.
The amount of Iran and Venezuelas oil trading is realy small, compared to the others( wordwide share: Venzuela ~ 3% and Iran ~ 7% ). I wont affect the US in a noteworthy manner if they bill in euros. And there is no statement from irna or any other iran newspaper that they will do that. And do you think that Kish (20.000 inhabitants) will be a competitor to NY or London?

It will be more interesting to see, what China will do with it's huge cash reserves. THAT will have an influence on the Greenback
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