ALWAGHT- Iranian Parliament Speaker Mohammad Baghaer Ghalibaf claims US has exhausted its leverage while Iran retains significant cards.
In a post on his X account, Iranian Parliament Speaker Mohammad Baghaer Ghalibaf disputed claims of US dominance in the economic confrontation between the two countries. He outlined the "economic playing cards" of both sides, comparing Iran's supply-side tools such as the Strait of Hormuz and oil pipelines with US demand-side measures like strategic petroleum reserve releases and price adjustments.
According to Ghalibaf, some of Iran's options remain unused while several of the US tools have already been deployed or partially used. He argued that the rising energy demand during the summer vacation season should be considered, unless Washington intends to "cancel" it for the United States. Emphasizing the economic constraints faced by the US, he asserted that Iran still holds powerful cards in the ongoing standoff with the US and suggested a balance between supply and demand factors in the global oil market.
