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NewsID : 317823 ‫Saturday‬ 13:17 2026/05/16

Araghchi: All impacts of war on US economy were avoidable

Foreign Minister Abbas Araghchi has advised Americans that all impacts of war on the US economy were avoidable.

“Americans are told that they must absorb rocketing costs of war of choice on Iran,” Araghchi wrote on his X account on Saturday.

“Put aside gas price hike and stock market bubble. Real pain begins when U.S. debt and mortgage rates start to jump. Auto loan delinquencies are already at 30+-year high,” he added.

“This was all avoidable,” he stressed.

The US and the Israeli terrorist regime launched a large-scale unprovoked military terror attack on Iran by assassination of then Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, along with several senior military commanders and civilians, on February 28. They also killed more than 170 students in a primary school in Minab, southern Iran, in the first few hours of the war.

In retaliation, Iranian Armed Forces launched attacks on American and Israeli positions in the region, demonstrating their capability to strike back effectively. Despite initial expectations by the attackers of a swift victory, the Iranian response proved significantly more effective, inflicting heavy damage on US and Israeli military resources while rallying the nation’s unity and resistance.

While the US president had issued an ultimatum, Pakistani mediation facilitated an agreement for a ceasefire during which negotiations would take place in Islamabad. Iran has proposed a ten-point plan for discussions, seeking terms such as the withdrawal of US forces from the region, lifting sanctions, and establishing control over the Strait of Hormuz.

The Supreme National Security Council of Iran emphasized on April 8 that the war led to a historic victory for Iran, compelling the US to accept negotiation terms, including a plan for guaranteed non-aggression and the cessation of hostilities.

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