Tyler Durden’s picture W(h)ither Petrodollar: Russia, Iran Announce $20 Billion Oil-For-Goods Deal

by Tyler Durden
ZeroHedge.com
04/02/2014

Spot what is missing in the just blasted headline from Bloomberg:

IRAN, RUSSIA SAID TO SEAL $20B OIL-FOR-GOODS DEAL: REUTERS

If you said the complete absence of US Dollars anywhere in the funds flow you are correct. Which is precisely what we have been warning would happen the more the West and/or JPMorgan pushed Russia into a USD-free corner.

The Rest…HERE

This entry was posted on Wednesday, April 2nd, 2014 at 2:11 pm and is filed under Economics, Oil, World Politics, World War 3?. You can follow any responses to this entry through the RSS 2.0 feed.