The Iranian Oil Bourse, presumed to be extinct, or at least delayed for a year, is set to start trading next week, according to this report:
Iranian Oil Minister Kazem Vaziri Hamaneh said on Wednesday that the establishment of Oil Stock Exchange is in its final stage and the bourse will be launched in Iran in the next week.
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He rejected a statement attributed to him saying that Oil Stock Exchange will bring to the ground the US economy and said, "I don't know who has speculated that I've not talked about US economy."
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Asked about the oil price rise, Vaziri-Hamaneh said that oil price is being influenced by political situation, whereas it should be freed from political impacts and economic and technical fundamentals should determine the oil prices.
Just when it looked like everyone was going to get along with each other and stick with the oil-for-dollars routine that has served everyone so well for so many years - they're just beggin' to be bombed now.
