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Someone likes the euro ... Iran wants oil payment in euros, not USD

Thanks to Spongie in the comments for the heads up

Iran wants to recover debts owed by buyers of its oil not in USD but in euros

  • Is billing new crude sales in euros too
  • Reuters reports on a source at state-owned National Iranian Oil Co (NIOC) saying:
  • "In our invoices we mention a clause that buyers of our oil will have to pay in euros, considering the exchange rate versus the dollar around the time of delivery"

Reuters

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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