Ghalibaf Presents Economic Formula Pressuring US Treasury
Mohammad Bagher Ghalibaf, the Speaker of the Iranian Parliament, published an economic formula in response to US Treasury Secretary Steven Mnuchin's remarks about Iran's potential economic collapse. Ghalibaf highlighted Iran's role in keeping the Strait of Hormuz closed, maintaining high energy prices, and influencing US treasury bond yields, stating that these factors exacerbate the US Treasury's problems. He also noted that the US faces challenges in refinancing previous debts at higher interest rates, and emphasized that respecting the rights of the Iranian people is crucial for the US to address its economic issues.7 sourcesSee all sources
