Sorry to leave you hanging.

March 25th came and went no Oil Bourse in Iran was opened. I read somewhere that the Mullah's in Iran got it delayed because they are able to manipulate costs through currency exchanges such that they can reap extreme profits for themselves, so a Euro pricing strategy would have hurt them. Another more plausible story was that China, who holds a lot of dollars and is a major importer of Iran's oil pressured them into keeping the status quo.

This collection of articles is long and mostly speculative, but may help...

www.fromthewilderness.com/free/....shtml