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Iran Oil Bourse 'Doesn't Aim To Compete With Dollar Based Instruments'by angelique van engelenAmsterdam-18 September 2005-Chris Cook, ex-chairman of the International Petroleum Exchange, is setting up the Iran Oil Bourse (IOB). He aims to create a new 'asset-based' economy in Iran. Plans for the launch of the bourse were announced a few years ago by the Iranian government, but the project has been slow to take off. It is widely seen as a deliberate attempt to undermine the dollar's supremacy in the oil markets. Cook says this is a gross exaggeration. An interview. http://www.contentclix.com/newscook
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