Hemmati: Lifting oil sanctions is more important now than ever

According to Energy Press, citing the government’s information website, Abdolnaser Hemmati wrote on the social network X: “The dollar’s share in total global reserves has fallen from 65 percent in 2016 to 58 percent. Before being elected, Trump also stated that the reason for the dollar’s weakness was the wrong US policy in sanctioning countries. The US government’s focus on trade tariffs is another sign of the failure of the policy of sanctioning countries and the futility of repeating maximum pressure on Iran. With Canada threatening not to sell oil to the US due to the 25 percent tariff imposed on Canadian goods, lifting the sanctions on Iranian oil is now more economically important than ever.”