Al-Fateh: Selling oil in currencies other than the US dollar is very possible
Information / Baghdad… The leader of the Al-Fatah Alliance, Uday Abdul-Hadi, confirmed on Friday that selling oil in currencies other than the US dollar is very possible.
Abdel-Hadi said in an interview with Al-Maalouma, that “Washington’s exploitation of the dollar in an attempt to impose its agenda on countries, rob their economic independence, and bring about frequent geopolitical change requires adopting other options to move away from using the dollar in financial activities, and this is no longer an option, but rather a necessity imposed by international facts.”
He added, “Iraq selling crude oil in currencies other than the US dollar is very likely if Washington’s approach continues to try to hit the national economy and exploit its weight through the dollar by creating crises at home, pointing out that there are many countries beginning to realize the danger of the dollar remaining as the main currency in the country.” the world in commercial and financial exchange.
He pointed to “the need to make changes in Iraq’s financial reserves by crystallizing a list of other currencies to create high flexibility in dealing with cases of recession and international financial inflation.”
Iraqi political circles accuse Washington of being behind the recent rise in dollar exchange rates, which led to severe pressure on the markets and raised the prices of basic materials.
Almaalomah.me