EU to switch from dollars to euros when buying Iranian oilStaff Writer | May 16, 2018
The European Union is planning to switch from U.S. dollars to euros when paying for the oil supplies from Iran, a diplomatic source said.
Trade war The EU against the U.S.
In particular, the European Union and Iran would maintain and deepen economic ties, including in the area of oil and gas supplies, Sputnik recalls.
On May 8, U.S. President Donald Trump announced his decision to withdraw the United States from the JCPOA, also known as the Iran nuclear deal. He also vowed to reinstate the sanctions against Iran that were lifted as a result of the agreement. ■