Iranian Speaker Ghalibaf Fires Back at US Official Over Oil Claims

Iranian Speaker Ghalibaf has publicly responded to claims made by US official Scott Bessent regarding oil shipments through a strategic waterway. The comments from Bessent, which were shared on the social media platform X, focused on a specific volume of 130 million barrels of oil moving through the critical maritime route. Ghalibaf utilized written statements to address and challenge the assertions made by the American official.

In his detailed response, Ghalibaf directed attention toward broader economic difficulties currently facing the United States. He urged Bessent to examine authentic financial records to understand the true fiscal state of the nation. Specifically, the Iranian Speaker advised that Bessent's staff review a report from Moody's, which documents the immense financial expenditures associated with warfare.

According to Ghalibaf's statements, the Moody's report explicitly shows that war-related costs have exceeded 131 billion dollars. This figure was brought forward to challenge any minimization of economic strain. Furthermore, Ghalibaf pointed to specific corporate trading mishaps to underscore market volatility and financial pressures within the US financial sector.

The Iranian Speaker highlighted a notable market incident involving Jane Street, noting that the firm incurred massive losses while attempting to establish a short position in the oil futures market. According to the provided details, this single maneuver resulted in Jane Street burning through more than 130 million dollars in one sudden blow.

Concluding his sharp critique, Ghalibaf used pointed rhetoric directed at the American official and the broader economic situation. In his written statements, he remarked, "Liars, liar, your clothes are burning... Liars, liars, bond yields are rising." This colorful language accompanied his detailed economic counters to Bessent's initial claims about the strategic waterway oil shipments.