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Iran asks Japan to pay for oil with yen, not dollars.

News Type: Event — Seeded on Mon Jul 16, 2007 10:28 AM EDT
Read ArticleArticle Source: The Japan Times Online
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Seeded by Phonetik77
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The request by the National Iranian Oil Co. is believed to be part of Iran's efforts to increase oil transactions denominated in currencies other than the dollar to avoid a possible seizure of its assets by the U.S. government amid tensions over its nuclear development program.

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