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🇳🇵 Nepal /Conflict & Security

Iran vows to tackle economic problems and warns further attacks will draw a ‘more painful’ response

From Kathmandu Post · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Ongoing story
  • Iran said it would pursue economic reforms to address problems caused by US sanctions, including inflation, unemployment and currency fluctuations.
  • Parliament Speaker Mohammad Baqer Qalibaf warned that future attacks on Iranian interests would receive a faster and more painful response.
  • The statements came as a ceasefire has unravelled, military strikes have resumed and Tehran considered restricting access to a zone outside the Strait of Hormuz.

Iran is trying to confront mounting economic pressure while warning that any new attack will trigger a harsher response. Six months after US-Israeli strikes began the war, the conflict appears stalled, with a preliminary ceasefire reached in June now unravelled and diplomatic efforts making little progress.

The rules of the game have changed.

· Mohammad Baqer QalibafIran’s parliament speaker warned the United States after renewed attacks.

After military action paused for much of August, tit-for-tat strikes resumed. US Central Command said it hit three Iranian tankers on Saturday after Iran’s Islamic Revolutionary Guard Corps launched ballistic missiles at two US Navy ships.

Parliament Speaker Mohammad Baqer Qalibaf said the United States should understand that “the rules of the game have changed” before it was too late. He warned that “from now on, any attack against Iran’s interests and security will receive a faster, heavier and more painful response.”

From now on, any attack against Iran’s interests and security will receive a faster, heavier and more painful response.

· Mohammad Baqer QalibafQalibaf described Iran’s threatened response to further attacks.

Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said a restricted zone would be announced outside the Strait of Hormuz in the coming days. The zone would include areas in the Gulf, and any ship entering it would be placed on a sanctions list, according to state media. The article said Tehran still has the capability to target US interests in neighbouring countries and disrupt oil flows through the strait.

They speak of economic pressure and isolation, of breaking off financial ties and they think that by pressuring the economy of a country they can change the decisions of its people.

· Ali MadanizadehIran’s economy minister rejected the idea that sanctions would force Tehran to change course.

Iranian officials also described the economic front as a central battle. Qalibaf cited currency fluctuations, inflation, unemployment and market management, saying Iranians could tolerate hardship but not mismanagement or inaction. Economy Minister Ali Madanizadeh said the government would respond with reforms rather than change course under sanctions, while Deputy Economy Minister Morteza Zamanian said the ministry’s Economic War Headquarters was intensifying its work.

The responsibility of reforming Iran’s economy is with its government and people, not with the US Treasury.

· Ali MadanizadehMadanizadeh said Iran would address its economic problems through domestic reforms.
About this summary

Originally published by Kathmandu Post in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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