Cyril Widdershoven — How The World’s Oil Powers Will Seize The Iran Deal

Analysis of the implications of oil sanctions, including war.

Oil Price
How The World’s Oil Powers Will Seize The Iran Deal
Cyril Widdershoven

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Untangling Russia’s economy from the U.S. dollar dependence is one of Putin’s goals, local outlet Sputnik reports.

“We used to behave naïvely, but now we see that the WTO [the World Trade organization] rules are all too often broken, the restrictions are imposed for political reasons, which they call sanctions. Plus more and more of them are imposed to secure its favorite competitive advantages,” Putin said, without specifying an alternative currency for the U.S. dollar in his speech at the Russian Parliament.... 

Putin: Russia Looks To Get Free Of U.S. Dollar ‘Burden’ In Oil Trade

 Tsvetana Paraskova