It was discussed as a source of information about the 2003 invasion of Iraq, with the theory that the invasion was primarily about Iraq's defiance of the Petrodollar system.
The book by William R. Clark is called Petrodollar Warfare and the one of the...
— Episode: CLASSIC: Petrodollar 101
Episode: CLASSIC: Petrodollar 101
It was discussed as a source of information about the 2003 invasion of Iraq, with the theory that the invasion was primarily about Iraq's defiance of the Petrodollar system.
The book by William R. Clark is called Petrodollar Warfare and the one of the...
So selling oil in euros, not in dollars.
On September 24, 2000, Saddam Hussein allegedly emerged from a meeting of his government and proclaimed that Iraq would soon transition its oil export transactions to the euro currency.