Hemmati highlights economic significance of lifting Iran's oil sanctions

SHANA (Tehran) – The minister of economic affairs and finance posted on social media platform X that lifting Iran's oil sanctions now holds greater economic importance than ever before.

Abdolnaser Hemmati wrote on X: "The share of the US dollar in global reserves has decreased from 65% in 2016 to 58%. Even before his election, Trump attributed the dollar's weakness to flawed US policies in sanctioning countries."

"The US government's focus on trade tariffs is another indication of the failure of its sanction policies and the futility of maintaining maximum pressure against Iran.

With Canada threatening to halt oil sales to the US due to a 25% tariff imposed on Canadian goods, lifting Iran's oil sanctions now carries more economic significance than ever."

News ID 653751

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