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Iran behind attack on cargo vessel near Oman in Strait of Hormuz, U.S. official tells MS NOW

  • June 27, 2026
  • Political

The retort by Mohammad Bagher Ghalibaf came after days of statements by President Donald Trump and Treasury Secretary Scott Bessent that a temporary peace deal that will lead to unfreezing Iranian assets will be a boon to U.S. farmers.

The comment came as Trump is facing criticism from some Republican lawmakers over his handling of the war against Iran and the memorandum of understanding.

“America falsely claims our unfrozen assets will buy their agriculture. Interesting,” Ghalibaf wrote in a post on X.

“The only crop we’re harvesting is what you planted: decades of mistrust,” Ghalibaf wrote. “It’s organic, abundant, and homegrown. But apparently the US only exports GMO soybeans, broken promises and trash talks.”

The White House, when asked for comment, provided a statement from a U.S. official, who said,  “No frozen funds have left the channel and no frozen funds will leave the channel unless Iran meets the requirements outlined in the MOU [memorandum of understanding].”

“As the MOU states, the United States must approve how the funds are used,” the official said. “As Vice President JD Vance announced this week, if Iranian assets are released, they will be used to purchase American agricultural products to feed the Iranian people.”

Trump, in a social media post on Tuesday, wrote: “The Money and/or Sanctions that the U.S. Treasury is releasing goes into escrow, controlled by the U.S.A., and will be used for the purchase of food and medical supplies, exclusively from the United States, including Corn, Wheat, and Soybeans from our great American Farmers.”

Bessent, during an interview on Wednesday with CNBC’s “Squawk Box,” echoed that claim, saying the Treasury Department will oversee Iranian funds when they are released.

“A very large percentage of it will go to buy U.S. foodstuffs and medicines,” Bessent said.

Article source: https://www.cnbc.com/2026/06/25/iran-ghalibaf-trump-us-farm-products-assets.html

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