Europe Ditching The Dollar When Paying For Oil?

Source

Countries in Europe are considering ditching the dollar for their Euros when paying Iran for its crude oil! Since Mr. Trump decided to pull the US out of the Iran Nuclear Deal, European Nations that were also part of the deal have been trying to work with Iran to prevent a collapse. A diplomatic source reported:

“I’m privy to the information that the EU is going to shift from dollar to euro to pay for crude from Iran,”

Source

If this happens it could harm the dollar, and it doesn’t take much to make the US angry. Damaging the dollar could be taken as an act of war as the US has a history of starting fights with countries that have threatened their power or their money. Do you think this could trigger a chain of events leading to a war? Please post your comments in the replies section below.

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