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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (168985)8/14/2005 8:30:40 PM
From: neolib  Read Replies (2) | Respond to of 281500
 
I understood that. The Euro has long been viewed as a potential rival for the dollar as an international currency. Iran would simply add a third exchange for oil, which would compete with NYMEX & London as noted in the article. It is only a small step. The idea that the US would use military force against a market development is, IMO not credible.