http://en.rian.ru/world/20071208/91488137.html TEHRAN, December 8 (RIA Novosti) - Iran has stopped selling its oil for U.S. dollars, the Iranian ISNA news agency said on Saturday, citing the country's oil minister.
"In line with a policy of selling crude oil in currencies other than the U.S. dollar, the sale of our country's oil in U.S. dollars has been completely eliminated," ISNA reported Oil Minister Gholamhossein Nozari as saying.
He also said "the dollar is no longer a reliable currency."
Iran is the world's fourth-largest crude oil producer.
At a November summit of Organization of the Petroleum Exporting Countries heads of state, Iran proposed that oil sales be carried for a variety of currencies, excluding dollars, but was not supported by any other members except Venezuela.
Iranian President Mahmoud Ahmadinejad had previously called the U.S. currency a "worthless piece of paper."
2007 has seen a significant fall in the value of the U.S dollar against other major world currencies...
http://en.rian.ru/world/20071208/91488137.html
