The Iranian oil bourse was scheduled to open in March 2006.

[raccoon]

(It didn’t open until February 17,2008. http://en.wikipedia.org/wiki/Iranian_Oil_Bourse). Some feared that the neocons would launch “Operation Iranian Freedom” or something equally foolhardy in order to prevent the bourse from happening.

What effect, if any, as the Iranian oil bourse had on the US dollar or anything else pertaining to the US?
I have searched and have found nothing about its effects, only speculations. Nothing more recent about the effects (if any) that have occurred.

[marketcrazy1]

1. it`s a non issue

and will little or no effect on oil prices or U.S. imports....

[raccoon]

2. You may be right, "so what was everybody yelling about?"

as Pseudolys said in A FUNNY THING HAPPENED ON THE WAY TO THE FORUM.

[marketcrazy1]

4. when this was first reported the dollar was weak

still is to a degree though it is gaining ground and will continue to do so, at least in the intermediate term. but back then when oil was screaming higher each day it seemed like a big deal to some even though it was not. we dont import oil from Iran as we have little use or refining capacity for their heavy sour crude. they can quote their oil in figs for all the impact it would have on the U.S.

[OnyxCollie]

6. The oil wasn't as important

as the fact that it was going to be tied to the euro, not the dollar.

If oil is tied to the euro, it threatens the hegemonic stability of the US.

[OnyxCollie]

3. Undersea cables were cut right before the opening of the oil bourse.

Iran oil bourse scheduled
http://www.energybulletin.net/node/39844

Iran to open oil bourse
http://www.tehrantimes.com/NCms/2007.asp?code=160651

Iran Oil Bourse to deal blow to dollar
http://www.presstv.ir/pop/print.aspx?id=37468

Cable damage hits one million Internet users in UAE
http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2008/February/theuae_February121.xml§ion=theuae

The Submarine Cables - A Complete Guide to the 2008 Internet Outage
http://www.ilovebonnie.net/2008/02/12/the-submarine-cables-a-complete-guide-to-the-2008-internet-outage/

Third undersea cable reportedly cut between Sri Lanka, Suez
http://www.marketwatch.com/news/story/third-undersea-cable-report…79-E983-4E0E-BC39-68A120DC16D9%7d&print=true&dist=printMidSection

Internet failure hits two continents
http://cnn.site.printthis.clickability.com/pt/cpt?action=cpt&title=I…2F2008%2FWORLD%2Fmeast%2F01%2F31%2Fdubai.outage%2F&partnerID=211911

Third undersea Internet cable cut in Mideast
http://cnn.site.printthis.clickability.com/pt/cpt?action=cpt&title=Thi…RLD%2Fmeast%2F02%2F01%2Finternet.outage%2Findex.html&partnerID=211911

Internet disrupted in Egypt and India
http://www.reuters.com/articlePrint?articleId=USL3026621820080130

Internet provider in UAE confirms undersea cable cut between Dubai, Oman, cause unknown
http://www.iht.com/bin/printfriendly.php?id=9686822

Ships did not cause Internet cable damage
http://web.archive.org/web/20080212103010/http://www.khaleejtimes.c…theworld/2008/February/theworld_February77.xml§ion=theworld&col

Internet problems continue with fourth cable break
http://www.arabianbusiness.com/510132?tmpl=print&page=

Hydra-headed nature helps Net rebound after cable cut
http://economictimes.indiatimes.com/articleshow/2753865.cms?prtpage=1

Faulty cable blacks out internet for millions
http://www.guardian.co.uk/technology/2008/jan/31/internet.blackout.asia/print

Fallout over Mideast damage from cut cables spreads to India
http://www.chinapost.com.tw/print/141427.htm

Cable damage in Mediterranean disrupts Internet in Mideast
http://www.computerworld.com/action/article.do?command=printArticl…c&taxonomyName=Disaster+Recovery&articleId=9060339&taxonomyId=151

Mediterranean Cables Cut, Disrupting Communications (Update2)
http://www.bloomberg.com/apps/news?pid=20670001&refer=europe&sid=aWe706hsLNdY

Severed cables disrupt internet
http://newsvote.bbc.co.uk/mpapps/pagetools/print/news.bbc.co.uk/2/hi/technology/7218008.stm

New cable cut compounds net woes
http://newsvote.bbc.co.uk/mpapps/pagetools/print/news.bbc.co.uk/2/hi/technology/7222536.stm

Internet outages hit Middle East
http://english.aljazeera.net/news/middleeast/2008/01/2008525144718920151.html

4th Undersea Cable Break: Between Qatar and UAE
http://mathaba.net/news/print25.shtml?cmd<40>=i-42-0be94512fa306925b06fdf9963d29656

Here are some related items.

US pulls the plug on Muslim websites
http://www.guardian.co.uk/Archive/Article/0,4273,4253580,00.html

Damaged Cable Interrupts Internet Service in Five Latin American Countries
http://www.itbusinessedge.com/cm/community/news/vam/blog/damag…onid=D43810B239CF11D21F4B59163AD4986E?cs=17663&decorator=print

Spy agency taps into undersea cable
http://news.zdnet.com/2100-9595_22-115877.html?legacy=zdnn#

Bush Order Expands Network Monitoring
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/25/AR2008012503261_pf.html

CIA Admits Cyberattacks Blacked Out Cities
http://www.informationweek.com/story/showArticle.jhtml?articleID=205901631

JIMMY CARTER: SUPER SPY?
http://www.defensetech.org/archives/001397.html

Secrecy Power Sinks Patent Case
http://www.wired.com/print/science/discoveries/news/2005/09/68894

CRATER CORPORATION,
Plaintiff-Appellant,
v.
LUCENT TECHNOLOGIES, INC.
and AT&T COMPANY,
Defendants-Appellees,
and
UNITED STATES,
Defendant-Appellee.
http://fas.org/sgp/jud/crater090705.pdf

FEDERAL CIRCUIT PATENT LAW CASE UPDATE
Crater Corp. v. Lucent Techs., 04-1349 (Fed. Cir. Sept. 7, 2005) (Schall, J.)
www.fcplc.org

And the coincidence theorists will arrive in 3..., 2..., 1...

[OnyxCollie]

7. Some of the links are expired.

I found them through the Wayback Machine last week for one of my professors. Sorry, but they are "print" links from PDF's I saved.

[muriel_volestrangler]

5. No effect, as far as I can see

See http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=5174972

[raccoon]

8. Thanks, I'd missed that thread. Obviously. nt