- "'The big trading houses are believed to have received crude oil and gold bullion as payment for past deals. The big boys have the ability and financial know how to quickly sell this on without suffering carry losses."
"'No one really wants barter payments, but the Iranians appear to be getting their act together and are offering more financial payments in currencies apart from dollars or euros. Yen and Brazilian reals are being mentioned a lot."
- "Another trader said: 'There is talk that banks in Bahrain are playing ball with Iran and helping out with payments. There is also talk that payments are being made via Venezuela.'"