Comment by samrus

> Can british and norweigian buy iranian oil in currency other than dollars?

Both Russia and Iran are heavily sanctioned by the U.S. Neither sells its oil for dollars by default, though either will accept them, of course.

Note, too, that pricing and settlement are different. If I’m Russia selling oil to India, I can “sell” at $50/barrel and accept payment in rupees or rubles. (Indian refineries were not paying Russia dollars for oil.)