De-dollarization reaches Europe as France, Germany, and UK to defy U.S. in continuing trade with Iran

De-dollarization reaches Europe as France, Germany, and UK to defy U.S. in continuing trade with Iran

Unlike a decade ago when the world as a whole was in lockstep for the sanctioning of Iran over its nuclear program, that is no longer the case following President Trump's decision to scuttle the 'Iran Deal' negotiated by his predecessor in the White House.  And as the U.S. has begun implementing new sanctions against the Middle Eastern OPEC nation, France, Germany, and even the UK have decided not only to defy Washington in continuing trade with Iran, but are also planning to do so outside the dollar.

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