NEW! IPRD » Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse
Papers

Books

Blogs

Events

Media

Home » The Energy Politics of the "War on Terror"

Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse

August 8, 2005 No Comment

By William Clark

Contemporary warfare has traditionally involved underlying conflicts regarding economics and resources. Today these intertwined conflicts also involve international currencies, and thus increased complexity. Current geopolitical tensions between the United States and Iran extend beyond the publicly stated concerns regarding Iran’s nuclear intentions, and likely include a proposed Iranian “petroeuro” system for oil trade. Similar to the Iraq war, military operations against Iran relate to the macroeconomics of ‘petrodollar recycling’ and the unpublicized but real challenge to U.S. dollar supremacy from the euro as an alternative oil transaction currency.

http://iprd.org.uk/wp-content/plugins/downloads-manager/img/icons/pdf.gif Download: Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse (121.96KB)
Copyright 2010 - Institute for Policy Research & Development

Leave a comment!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.