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US Treasury Secretary predicts $40 oil
The governor of the Iranian Central Bank confirmed that the statements made by the U.S. Treasury Secretary regarding Iran’s economy are contradictory. Meanwhile, the price of Brent crude oil reached a record high of $89.63 per barrel. At the same time, the U.S. public debt increased to over $40 trillion. Additionally, the Iranian Oil Minister explained that the maritime blockade hampers the transfer and delivery of oil to customers, amid Iran’s movement toward the Strait of Hormuz and its confirmed control over it, in response to the actions of the Trump administration.
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