[ex-Texan]

All Iran has to do is call an emergency meeting of all OPEC members and urge them to adopt Euros as the official trading currency. Switching to Euro Dollars will totally shaft the U.S. economy. Oil may be trading at $ 75 bbl on Monday based on this news report alone.

[montag813]

All Iran has to do is call an emergency meeting of all OPEC members and urge them to adopt Euros as the official trading currency. Switching to Euro Dollars will totally shaft the U.S. economy.

Not true. The Saudis began a shift towards the Euro a year ago. The Euro has fallen from 1.38 to 1.19 per dollar since then.