VOL. XXXVIII
NO. 32
8-MAY-1995
Iran
Iran To Propose Non-Dollar Pricing For Oil At Next OPEC Meeting
Iranian Oil Minister Gholamreza Aghazadeh said last week that he plans topropose to the next OPEC conference on 19 June a plan to trade oil priced incurrencies other than the US dollar. Mr. Aghazadeh told a press conferenceduring a visit to Ankara on 4 May that "the US dollar has weakened to agreat extent. Its condition is not good enough in the international markets andit is working to the...
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