Iran May Switch to U.A.E. Dirhams From Euro for Oil Sales, Oil Daily Says
Business Week / Christian Schmollinger
15-Jul-2010 (one comment)

Iran is considering switching to the United Arab Emirates’ dirham from the euro for its oil sales to Europe to limit the impact of new sanctions, International Oil Daily reported, citing two unidentified industry executives. National Iranian Oil Co. has been communicating with European customers about the change without making a final decision, the newsletter said. The country currently prices its exports in U.S. dollars, the Oil Daily said.

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It makes sense since we have Arabs running Iran

by پیام on

Then why not have derham as our currency of choice. pffffffffffffffff....