Oil-for-gold: Iran to dodge US ban with metal shield?
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The EU has delivered on its threat to ban the import of crude oil from Iran, in response to its nuclear programme. The latest round of sanctions prohibits any new oil contracts, while allowing for existing deals to run until July. But Tehran is apparently finding ways to keep business pumping. Reports say Iran will keep supplying one of its biggest customers - India - but will get payment in gold instead of dollars. RT on Facebook: http://www.facebook.com/RTnews RT on Twitter: http://twitter.com/RT_com
Added on Feb 21, 2012 by DeekJackson
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Time: 02:37 | Views: 318 | Comments: 0
  RT  Iran  sanctions  India  oil  nuclear  program  embargo  US  America  threats  military  intervention  drill  boycott  China  exported  markets  Europe  France  gold  for 
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