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Old 06-18-2006, 05:45 PM  
Webby
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Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
Dount there is much disagreement on Iran being 4th Coatsy - despite minor ripples in the supply chain..

http://www.eia.doe.gov/emeu/cabs/topworldtables1_2.html

There have been verbals over OPEC valuing oil in currencies other than the US$ - for obvious reasons. Last I looked Iran was still a member of OPEC.

The projected effects of OPEC changing currencies is kinda severe for certain nations and would cause considerable economic upheaval and prob a decision not to be taken lightly. The effect on places like the US would be catastrophic.
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