Qualiab to Bissent: Preparations Underway
The Chairman of the Iranian Parliamentary Council, Mohammad Bagher Ghalibaf, sent a message to U.S. Treasury Secretary Scott Bessent in response to his forecast that oil prices could fall to between $40 and $50 per barrel. Ghalibaf clarified that such a scenario overlooks significant pressures on the American economy, including rising energy costs, government debt servicing, and financial market volatility. He pointed out that these forecasts may ignore current crises such as the state of the U.S. Strategic Petroleum Reserve and the Treasury bond market, given the economic challenges facing the United States.
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