Petro-$

Name: Petro-$
Uploaded: 2007-11-05T18:03:20+00:00
Duration: 9 min 53 s
Channel: sereqet
Description: The US$ was threatened by Saddam Hussein's desire to sell Iraq's oil in Euros, rather than in US Dollars. <br /><br />It is speculated that a main part of the reason for invading Iraq was to take control of Iraq's oil to sell it on the stock market in US Dollars.

sereqet

The US$ was threatened by Saddam Hussein's desire to sell Iraq's oil in Euros, rather than in US Dollars.   It is speculated that a main part of the reason for invading Iraq was to take control of Iraq's oil to sell it on the stock market in US Dollars.

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