In Nov 2000 Saddam would sell oil in Euros instead of dollars. US was forced to buy in Euros. Iraq sold 3.3 billion barrels of oil, US bought 2 thirds of that. Petro dollar mechanism was breaking down & US had to get Euros to buy Oil. Keeping oil priced exclusively in dollars was enough cause for waging war in Iraq after Iraq's bold switch to EURO oil payments.
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The Euro was the Weapon of Mass Destruction according to the Bush Administration.
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