Quote:
Originally Posted by GreyWolf
Has Russia agreed to Petro-Euros?? The Russia/EU oil chat has been going on for a few years now, but seems to have progressed.
Iran seems to be mumbling about Petro-Euros and sure makes you wonder what real motivations are with the US and Iran.
If OPEC does implement trading in Euros, this is devastating for the dollar - tho can't see them doing this all at one time - it's too damaging for the US.
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Well the head of the EU said in a speach a few days back that the move to Euros is going to happen and Putin is 100% backing is as they as losing big money due to the dollar being worthless.