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The article focused on Iranian Parliament Speaker Mohammad Bagher Ghalibaf's reaction to U.S. Secretary of the Treasury Scott Bessent's statements regarding oil movement through the Strait of Hormuz. Ghalibaf challenged the figures provided by Bessent, accusing them of exaggeration and misinformation. He reviewed wartime costs exceeding $130 billion, along with losses of over $130 million incurred by GenStreet Corporation due to bets on falling oil prices. He also criticized U.S. energy market policies by referencing an article by Nobel laureate Paul Krugman, employing wordplay that alludes to rising Treasury bond yields, amid ongoing tensions surrounding the Strait of Hormuz and a decline in ship traffic caused by military and economic tensions between Washington and Tehran.
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