Follow the money

It's an old tired song, that, but almost
always forgotten...

Try to keep your eye on this ball as the
distractions multiply like rabbits.

Although the US sought a way to re-establish its influence in Iraq, Saddam’s switch to the Euro on November 6, 2000, would lead to the US invasion. The dollar sank away and in July 2002 the situation got that serious, that the IMF warned that the dollar might collapse. A few days later the plans for an attack were discussed at Downing Street. One month later Cheney proclaimed it was sure now, that Iraq had weapons of mass destruction. With this pretext the US invaded Iraq on March 19, 2003. The US switched back the oil trade into dollars on June 5, 2003.

There is a huge difference between trading Iraqi oil in euros and trading it in dollars. This will be explained below.

Highly recommended.