US Treasury Chief Admits Washington’s Role in Iran Dollar Crisis
Washington : US Treasury Secretary Scott Kenneth has acknowledged that the United States played a direct role in creating a severe dollar shortage in Iran as part of Washington’s pressure policy against Tehran, according to foreign media reports.
The admission came in response to a question by Senator Katie Elizabeth, who asked what specific steps were taken by the Trump administration to intensify pressure on Iran. In his reply, the US treasury secretary stated that American actions led to a deep dollar crisis inside Iran, resulting in the bankruptcy of an Iranian bank in December and a sharp escalation of the economic situation.
Scott Kenneth said US measures forced Iran’s central bank to print additional currency notes, causing a sharp decline in the value of the Iranian currency. He added that excessive money printing pushed inflation out of control across the country.
According to US media reports, Washington also reduced Iran’s oil exports to zero under its pressure strategy, significantly increasing economic strain. The mounting pressure reportedly contributed to violent protests that erupted in December.
Foreign media reports said peaceful demonstrations against the falling value of the Iranian currency began on December 28. However, organized groups allegedly linked to Israel’s intelligence agency Mossad infiltrated the protests, carrying out attacks on demonstrators, security forces, government buildings, and mosques.
Reports further claimed that Mossad-linked groups turned public anger into widespread violence. During the unrest in Iran, more than 3,500 people reportedly lost their lives.
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