Iranian Foreign Minister Abbas Araghchi warned on Saturday that the United States will face growing economic consequences from its “war of choice” against Iran. In a post on US social media platform X, Araghchi stated that Americans would be forced to bear the rising costs of the conflict with Tehran.
“Put aside gas price hike and stock market bubble. Real pain begins when U.S. debt and mortgage rates start to jump,” he wrote in English. He also highlighted increasing economic pressures within the US, noting that auto loan delinquencies have already reached a more than 30-year high. “This was all avoidable,” Araghchi added.
Regional Tensions and Ceasefire
Regional tensions have escalated since the US and Israel launched strikes against Iran on February 28, prompting retaliation from Tehran against Israel and US allies in the Gulf, as well as the closure of the Strait of Hormuz. A ceasefire was implemented on April 8 through Pakistani mediation, but subsequent talks in Islamabad failed to produce a lasting agreement. US President Donald Trump later extended the truce indefinitely.
