RIA Novosti has the story from December 8 on Iran's decision to stop accepting U.S. dollars for oil:
..."In line with a policy of selling crude oil in currencies other than the
U.S. dollar, the sale of our country's oil in U.S. dollars has been completely
eliminated," ISNA reported Oil Minister Gholamhossein Nozari as saying.
He also said "the dollar is no longer a reliable currency."
Iran is the world's fourth-largest crude oil producer. At a November
summit of Organization of the Petroleum Exporting Countries heads of state, Iran
proposed that oil sales be carried for a variety of currencies, excluding
dollars, but was not supported by any other members except Venezuela....
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