Iran plans Kish oil bourse
Iran: Saturday, May 06 - 2006 at 11:16
Iranian President Mahmoud Ahmadinejad has revealed that an oil bourse should open on the Gulf island of Kish within the next couple of months, reported Reuters. Western analysts have speculated that the bourse could undermine the dollar by valuing Iran's oil exports, the 4th largest in the world, in euros. But Mohammed Javad Asem-ipour, the head of the bourse project, has dismissed such suggestions as propaganda.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 06 - 2006 at 11:16 UAE local time (GMT+4)
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This Article was updated on Monday, April 02 - 2007
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