Iran Says No Thanks To Dollars; Demands Euro Payment For Oil Sales
February 07, 2016 at 19:48 PM EST
Iran is set to ramp up crude production by 500,000 b/d in H1 and by 1 million b/d by year end now that international sanctions have been lifted. In the latest humiliation for Washington, Tehran says it wants to be paid for oil in euros, not dollars.
