Switching to petro-euro, the new roadmap for Iran

Iran will sell its oil only accepting Euros as payment, thus cutting out the US dollar; the announcement was made by the Oil Minister Bijan Namdar Zanganeh, the Iranian all-news network Irinn.

The choice of a country member of OPEC, the separation from the American currency, it would be the first attempt to do so after several replacement hypothesis; Iran exports 2.3 million barrels per day since part of the Western sanctions were removed.

Among the first comments are recorded to Sohbet Karbuz, director of hydrocarbons section of the "Mediterranean Association for Energy", based in France, who said to the agency Farsnews that the initiative of the Iranian government, especially if followed by other countries in the region, could be a very hard blow for the dollar and the US economy.

Again in terms of raw materials, British Petroleum, in its 2016 report on the energy situation in the globe, reported that Iran has meanwhile become the third largest producer of gas in the world, with a production of 192.5 billion cubic meters, bypassing Qatar.