Iran completely stops conducting oil transactions in US dollars

A top Oil Ministry official says Iran, OPEC's second-largest producer, has completely stopped conducting all its oil transactions in U.S. dollars.
Iran has dramatically reduced dependence on the dollar over the past year in the face of increasing U.S. pressure on its financial system and the fall in the value of the
American currency.
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Iran stops accepting U.S. dollars for oil

Iran has stopped selling its oil for U.S. dollars, the Iranian ISNA news agency said on Saturday, citing the country's oil minister. Iran's oil minister explained "the dollar is no longer a reliable currency."

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