IFP Exclusive

Top Banker Refutes US Claims, Says Iran’s Exports Growing

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati has dismissed the US officials’ claim that sanctions have greatly diminished Iran’s oil exports, saying the Islamic Republic is boosting exports and its foreign trade is thriving despite the sanctions.

In a post on his Instagram page, the CBI chief debunked the US claim about the effectiveness of sanctions against Iran.

Citing the reports of new American sanctions as part of Washington’s policy of maximum pressure on Iran, Hemmati dismissed the claim by Brian Hook, the US special representative on Iran in the State Department, that Iran’s oil export has fallen to 120,000 barrels a day.

The top banker also pointed to two other reports about new US sections on Iran’s construction sector and US cooperation with a number of regional countries for imposing sanctions on 25 Iranian corporations and individuals, adding, “Each of those phrases (about sanctions on Iran) have been already announced under various titles.”

Hemmati stressed that since Brian Hook’s claim about driving Iran’s oil exports down to 120,000 bpd is false, the two other reports are also wrong and would not merit attention.

“Iran’s economy is following the trade path, under the sanctions, to the growth of oil and non-oil exports,” the CBI governor underlined.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Iranian company unveils vacuum distillation device for oil product quality measurement

An Iranian knowledge-based company has developed a vacuum distillation device that is now being used…

3 hours ago

Christmas spirit in Tehran

As the New Year 2025 approaches, a warm and festive atmosphere envelops Iran’s capital of…

3 hours ago

Iranian president meets Christians, urges solidarity

Iranian President Masoud Pezeshkian has expressed solidarity with Christians, highlighting endeavours for peaceful coexistence in…

3 hours ago

Israel provides full support for theft of humanitarian aid to starve Gazans: Report

Israel has provided full support for the theft of humanitarian assistance, killing security personnel to…

3 hours ago

Dozens killed in Azerbaijan plane crash

An Embraer passenger plane flying from Azerbaijan to Russia crashed near the city of Aktau…

3 hours ago

Syria’s de facto leader claims ex-rebel groups agree to integrate under Defence Ministry

Syria’s de facto leader Ahmed al-Sharaa has reached a deal with rebel factions to come…

3 hours ago