De Engelstalige editie van de Pravda bericht: 'This week in the world of economics began with the opening of the international oil exchange in Iran. The intrigue of the situation is accentuated by the fact that trading will take place in the European currency. This in itself is setting a precedent: in modern history oil has been quoted exclusively in dollars. Alarmists and antiglobalists from all countries have rushed to describe this as yet another sentence against the hegemony of the dollar and the USA. It can not be ruled out that this idea is what is motivating the Iranian authorities. At the height of tension in relations between the USA and Iran the latter’s move looks like a blow to the economic power of its enemy. This cannot be deemed a weak blow – Iran has a share of at least 4% of worldwide oil production. Moreover, it has been declared that the format of the exchange will meet international norms: the question now is: which other of the Persian Gulf states will support Iran? “The situation there will depend on the extent to which other countries and regions will want to convert from the dollar to the euro,” the analyst of IK ‘FINAM” Olga Belenkaya told Pravda.Ru.' Lees verder:
http://english.pravda.ru/world/asia/21-03-2006/77628-oil-0
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