Iranian Parliament Speaker Mohammad Bagher Ghalibaf rebuked U.S. Treasury Secretary Scott Bessent for claiming the U.S. facilitated 130 million barrels of oil transit through the Strait of Hormuz in 14 days. Ghalibaf countered by citing U.S. war expenditures over $130 billion and Jane Street’s oil futures losses exceeding $130 million.
He also noted bond yield volatility. This exchange highlights an ongoing dispute over the Strait of Hormuz.
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