Araghchi warns Americans will pay economic price for Iran war

“Araghchi warns Americans will pay economic price for Iran war Iranian foreign minister Abbas Araghchi said Americans would bear increasing economic costs from what he described as a “war of choice” launched by the United States and Israel against Iran. "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 said in a post on X. Araghchi said higher energy prices and growing household credit stress would continue to worsen as the conflict persisted, describing the situation as entirely “avoidable”. Americans are told that they must absorb rocketing costs of war of choice on Iran. 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. This was all avoidable. pic.twitter.com/dhjcdzTOHc — Seyed Abbas Araghchi (@araghchi) May 15, 2026

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