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🇦🇪 United Arab Emirates /Conflict & Security

Iran vows to tackle economic problems as official warns further attacks will bring a “more painful” response

From Khaleej Times · () English

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

At a glance

Newswire Named sources Ongoing story
  • Iran said it would intensify efforts to address economic problems linked to US sanctions, while Parliament Speaker Mohammad Bagher Ghalibaf warned of a faster and heavier response to any further attack.
  • The warning followed renewed tit-for-tat strikes after a pause in military action, including reported attacks involving Iranian missiles and US strikes on three Iranian tankers.
  • Iranian officials identified currency volatility, inflation, unemployment and market management as major challenges, while saying the government would pursue economic reforms rather than change course under pressure.

Iran says it will step up efforts to address economic problems caused by US sanctions, while a senior official has warned that any further attack will draw 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 Bagher GhalibafIran’s parliament speaker issued the warning after renewed strikes between Iran and the United States.

Parliament Speaker Mohammad Bagher Ghalibaf issued the warning on Sunday after tit-for-tat strikes resumed following a pause in military action. He said the United States should understand that the rules of the war had changed “before it is too late.” US Central Command said it had struck three Iranian tankers on Saturday after Iran’s Islamic Revolutionary Guard Corps launched ballistic missiles at two US Navy ships.

Ghalibaf said Iran’s main battle, alongside the military front, was now about production and people’s livelihoods. He cited sharp currency fluctuations, inflation, unemployment and market management as major challenges. Iranians, he said, could tolerate hardship but not mismanagement or inaction, and expected the government to act quickly.

Before it is too late.

· Mohammad Bagher GhalibafHe said the United States should recognize that the rules of the war had changed.

Economy Minister Ali Madanizadeh said Tehran planned to answer US economic pressure with reforms. State media quoted him rejecting the idea that sanctions would force Iran to change course. “The responsibility of reforming Iran’s economy is with its government and people, not with the US Treasury,” he said.

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 change Iran’s course.

Deputy Economy Minister Morteza Zamanian separately said the ministry’s Economic War Headquarters was intensifying efforts to resolve problems caused by the war, according to the semi-official Tasnim news agency. The account said the US campaign to restrict Iran’s economy by blocking oil exports and disrupting sanctions evasion was becoming increasingly difficult to withstand, citing three senior Iranian sources. Iran also says Kharg Island was hit 500 times in previous months.

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

· Ali MadanizadehHe said Iran would pursue economic reforms in response to pressure.
About this summary

Originally published by Khaleej Times 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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