Treasury Secretary Sees Strait Deal
U.S. Treasury Secretary Steve Biezent expects an agreement to be reached either today or tomorrow to reopen the Strait of Hormuz for a period of between 30 and 60 days, which could lead to a decrease in global energy prices. He explained that the United States is exerting significant economic pressure on Iran, which is facing inflation rates ranging from 150% to 180%, and is experiencing difficulties in financing the salaries of its forces. He also indicated that the Strait of Hormuz will never be the same as it was before, as Iran is using it to exert pressure on global energy movement. He confirmed that the confrontation with Iran involves two aspects: a military one through the "Majestic Anger" operation, and an economic one through sanctions and financial pressures.
Notice: This Is an AI-Generated Summary
Comments (0)