Iran to require oil payments in euros

Iran has also proposed establishing a euro-based Iranian oil bourse to compete with NYMEX and the IPE. The proposal was first put forward in the beginning of the Third Development Plan (2000-2005), and began to receive serious attention in 2005.

//www.informationclearinghouse.info/article13067.htm



US asks Pakistan to abandon gas project with Iran

The US has asked Pakistan to abandon the seven billion dollar gas pipeline planned to Pakistan and India ahead of next week's visit by a high-level Iranian delegation, a newspaper reported on Monday.

//timesofindia.indiatimes.com/articleshow/1531447.cms


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