TEHRAN (FNA) Time to Ditch US Dollar | WHAT REALLY HAPPENED

TEHRAN (FNA) Time to Ditch US Dollar

The United States government has been using the dollar as a convenient weapon of choice to preserve its global economic and geopolitical position for many decades.

This has been evident through illegal sanctions for Iran, Russia and Venezuela, as well as members of the Organization of the Petroleum Exporting Countries (OPEC).

For instance, in the last week, and in a response to a potential passage of the bipartisan No Oil Producing and Exporting Cartels Act, known as NOPEC, in Congress that would enable the US Justice Department to sue OPEC for coordinating production, Saudi Arabia threatened to sell its oil in currencies other than the dollar. It said the plan had been discussed with OPEC members and that Riyadh had communicated the threat to senior US energy officials. Then later, Riyadh denied the report that it was threatening to sell its oil in currencies other than the dollar for passing NOPEC.

The implications of this new development are immense>>>

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