29 November 2015 (01:44 UTC-07 Tango 01)/08 Azar 1394/16 Safar 1437/18 Ding-Hai 10th month 4713

“We do not claim that this is an ideal and flawless scheme but it can address the needs of both National Iranian Oil Company and international oil companies.”-Bijan Namdar Zanganeh, Iranian Oil Minister

Iran has unveiled a new way to destroy the U.S. dollar, the Iran Petroleum Contract.

The new oil purchasing system is targeted towards customers in Europe and Asia.  It includes oil companies Total, Royal Dutch Shell (aka Shell), evil British Petroleum (aka BP), Statoil, Repsol, Sinopec as well as companies from India, Pakistan and Oman.

The new Iran Petroleum Contract replaces their older ‘buyback’ system.

Why is this important to the U.S. dollar?  It’s called the petrodollar system, created by the U.S. in 1973 (note that is when oil prices started skyrocketing), is actually centered in London.  The Nixon created petrodollar deal involves the New York Mercantile Exchange (aka NYMEX, aka Commodities Exchange.  Now controlled by CME Group), and London’s International Petroleum Exchange, or IPE.

Destroy U.S. Dollar: Russia & Iran to use their own cash!