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Saddam may have wished to be paid in Euros but that would not have meant that payment for Iraqi crude was purchased by the international community in Euros.
The UN dictated the Iraq oil exports and all the major bourses traded, and still do, in dollars. All that the UN agreed to was to convert the dollar payments to Euros for payment to Iraq.
The closest anyone has come to actually trading in anything other than Dollars is Iran which sought to establish its own bourse (with Russia expressing an interest in trading its oil through that bourse) and those plans are on indefinite hold.
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