US Officials Manipulate Energy Markets for Personal Gain: Iran's Foreign Minister

© AP Photo / Hadi MizbanIranian Foreign Minister Abbas Araghchi speaks during a news conference with his Iraqi counterpart Fouad Hussein after their meeting at the foreign ministry in Baghdad, Iraq, Sunday, June 28, 2026.
Iranian Foreign Minister Abbas Araghchi speaks during a news conference with his Iraqi counterpart Fouad Hussein after their meeting at the foreign ministry in Baghdad, Iraq, Sunday, June 28, 2026.  - Sputnik India, 1920, 29.08.2026
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Iranian intelligence indicates attempts by US government officials to manipulate energy markets for personal gain, Iranian Foreign Minister Abbas Araghchi said on Saturday.
"Our intelligence shows major efforts to game energy markets. U.S. Govt elements use gullible media to influence prices for personal gain … Israel-aligned actors also promote war with rosy assessments," Araghchi wrote on X.
On February 28, the United States and Israel began striking targets in Iran, to which Iranians retaliated with strikes of their own. In mid-June, Tehran and Washington signed a memorandum of understanding aimed at cessation of hostilities but resumed strikes shortly afterward.
The conflict remains unresolved with no active hostilities. However, Washington has chosen to increase its economic pressure against the Islamic Republic in a push to end the conflict through the creation of additional financial hardships for Tehran.
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