Iran wants to be paid in euros, not U.S. dollars
Iran is ready to sell its oil to the world again, but it wants to be paid in euros, not dollars. Over the weekend, a top official at Iran's state-owned oil company said the country had a strong preference for euros./ "Our top priority is to receive cash and oil [payments] in euro," Safar-Ali Karamati, a deputy director at the National Iranian Oil Company, In Iran's eyes, "anything other than the dollar would be financially and politically better," says Majid Rafizadeh, a Middle East scholar at Harvard University. This is not the first time ...
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