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 [Voices] The Implications of the opening of Iran's Oil Bourse: The Final ...: On Sunday 17 February 2008 the first phase of Iran's oil and petrochemical bourse in Kish Island was inaugurated, paving the way for "all major currencies of the world" to be used in future oil transactions. To understand the significance of this event, let's take a look back at our history, starting with World War I.

 [Jus394globalrain's Weblog] Why War with Iran is Imninent: They are about 5 miles off the north coast of Egypt, near the port city of Alexandria, and run between Egypt and Palermo, on the Italian island of Sicily. One of the two Mediterranean cables was owned by FLAG.

 [Talkin' About My Revolutions] IRAN’S KISH ISLAND CUT OFF FROM INTERNET? GUESS WHERE THE IRANIAN ...: This oil bourse will not trade in US dollars which may have a serious effect on the US dollar as the world’s currency. Since the dollar has now fallen below the value of the Euro, the opening of the Iranian Oil Bourse would remove one of the last remaining incentives for nations to hold onto the US dollar.

[Ron Paul War Room] Iran’s Oil bourse opens in Iran’s Kish Island: Iran’s oil and petrochemical bourse officially started operation in Kish Island on the Persian Gulf following inauguration speeches given by Nozari and Iran’s Minister of Financial an Economic Affair, Davoud Danesh Ja’fari.

 [Digg] Now Official: Iran Opened Its 1st Oil Products Bourse: ran established its first oil products bourse Sunday in a free trade zone on the Persian Gulf Island of Kish, the country's oil ministry said. Iran has already registered for another oil bourse, in which it has said it hopes to trade oil in Euros instead of dollars, to reduce any American influence over the Islamic Republic's economy.

 [Net News] 1st Phase of Iran Oil Bourse Inaugurated on Kish Island: The first phase of Iran's oil stock market started its work on Kish island in the Persian Gulf, southern Iran, on Sunday presenting oil and petrochemical products.

 [Thomko Petro Chemical Blog] Iran's Kish Island Opens Oil Bourse: Referring to potential transactions in oil products through the oil bourse, the Oil Minister said, “Our annual petrochemical output currently stands at 20 million tons, which is expected to reach 23 million tons by the end of the current Iranian calendar year, with good prospects of increasing it to some 45 million tons by the end of next year.”

[chycho.com blogs] The Implications of the opening of Iran’s Oil Bourse: The Final ...: This now brings us full circle to the opening of Iran’s Oil Bourse. Since Saddam Hussein’s declaration that Iraq would begin to sell oil in other currencies, a few very significant events have taken place.

 [YBLOG ZA] Down the toilet...: Anyway the Iranian ambassador to Moscow Gholam-Reza Ansari has already advanced that "in the future, we'll be able to use the ruble, Russia’s national currency, in our operations". He added that "Russia and Iran, two major producers of the world’s energy, should encourage oil and gas transactions in various non-dollar currencies, releasing the world from being a slave of dollar".

[KJ Blog] Iran Opens Oil Bourse: Oil and petrochemical products will be traded in Iranian Rials, as well as all other hard currencies, the statement quoted Iranian Oil Minister Gholam Hossein Nozari as saying. About 20 brokers are already active in the market, it said.

 [Thomko Petro Chemical Blog] Iran Opens Oil Bourse to Sidestep US Sanctions: Iran opened an exchange for crude and petrochemicals Sunday, an effort that encourages private investment in the nation’s prominent energy sector.

 [Global News Blog] Iran News - Iran says US talks delayed for technical reasons (The ...: Iran established its first oil products bourse Sunday in a free trade zone on the Persian Gulf Island of Kish, the country’s oil ministry said. A statement posted on the ministry’s Web site said 100 tons of polyethylene consignment was .

[Dijkhuizen weblog] Greenback’s ($) days in Iran numbered: There are unconfirmed reports that the opening of the Bourse has been delayed due to the cutting of underwater communications cables, which have cut Iran off from internet communication.

 [Rants & Whispers] A COMPELLING REASON TO MESS WITH THOSE UNDERSEA CABLES OFF DUBAI: Just as in South America, where participating countries barter locally produced raw materials and for Venezuela’s oil, buyers and sellers in the Middle East and beyond will “connect via the Internet on a peer to peer market place.”

 [Faiz] Press TV - Iran Oil Bourse to deal blow to dollar: "All preparations have been made to launch the bourse; it will open during the Ten-Day Dawn (the ceremonies marking the victory of the 1979 Islamic Revolution in Iran),"

 [I Love Bonnie.net] Submarine Cables, Subsidiares and Subversion: While I think the bourse idea could be involved, I’m afraid I don’t see all the linkages that you do, Bonnie. You’ve obviously done a lot of research and I think you’re on the right track, but nothing in this world happens for a single reason.

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