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Iranian parliament speaker rejects US claim of 130m barrels through Hormuz

Iran's parliament speaker Mohammad Bagher Ghalibaf has dismissed US Treasury Secretary Scott Besant's claim about oil shipments through the Strait of Hormuz.

Iranian parliament speaker rejects US claim of 130m barrels through Hormuz

Iranian parliament speaker Mohammad Bagher Ghalibaf has refuted US Treasury Secretary Scott Besant's assertion that 130 million barrels of oil were transported through the Strait of Hormuz in the past two weeks. Besant claimed that the United States was the sole shipper of these barrels, while Iran did not export any. In response, Ghalibaf questioned the impact on American financial institutions, citing a loss of more than $130 million for the investment firm Jane Street from short-selling oil futures contracts.

Ghalibaf further argued that external powers, including the United States, are incapable of providing lasting security for regional nations. He emphasized that agreements and cooperation among regional states mark the start of a new era. Ghalibaf asserted that recent regional events have demonstrated to Islamic countries that foreign powers like the United States are unable to guarantee enduring security for all.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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