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What does US' 'dollar shortage' tactic on Iran mean for global oil supply?
short by Ishita Ranganath / on Saturday, 14 February, 2026
US Treasury Secretary Scott Bessent admitted that the US deliberately created a "dollar shortage" in Iran, triggering massive protests. Being blocked from the global financial system pushed Iran towards severe import compression, leading to shortage of funds for domestic production. Further, US-Iran talks have increased global oil prices and demand, according to International Energy Agency (IEA).
read more at NDTV Profit