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Politics : Bush-The Mastermind behind 9/11?

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To: Rock_nj who wrote (1871)8/11/2003 10:58:27 AM
From: LPS5  Read Replies (1) of 20039
 
...Iraq was threatening to change their oil trade from Do$$ars to Euros. That would have really killed the U.S.'s dominance of the oil market and set an awful precedent going forward.

Oil markets, both spot and futures, are...and for quite some years have been...quoted in many currencies internationally.

Depending upon what you're suggesting, here, I'm quite curious to hear the reasons leading to your assertion that this "change [in] oil trade" would "kill" the U.S. presence in oil markets; and, what "awful precedent" you're suggesting it would set?

LPS5
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