WAR ON IRAN
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'This was all avoidable': Iran warns US of rising economic costs from 'war of choice'
Foreign Minister Abbas Araghchi highlights growing economic pressure inside the US due to the war, saying auto loan delinquencies had already reached a more than 30-year high.
'This was all avoidable': Iran warns US of rising economic costs from 'war of choice'
Araghchi says rising costs of the war was "all avoidable." (Photo: FILE) / Reuters

Iran's Foreign Minister Abbas Araghchi has warned that the US will face growing economic consequences from its "war of choice" on Iran.

Araghchi said in a post on X on Friday that Americans would be forced to bear the rising costs of a conflict with Tehran.

"Americans are told that they must absorb rocketing costs of war of choice on Iran," Araghchi said on X.

"Put aside gas price hike and stock market bubble. Real pain begins when US debt and mortgage rates start to jump," he wrote.

He also pointed to growing economic pressures inside the US, saying auto loan delinquencies had already reached a more than 30-year high.

"This was all avoidable," Araghchi added.

Regional tensions have escalated since the US and Israel launched strikes against Iran on February 28, triggering retaliation from Tehran against Israel, as well as US allies in the Gulf, along with the closure of the Strait of Hormuz.

A ceasefire took effect on April 8 through Pakistani mediation, but talks in Islamabad failed to produce a lasting agreement.

US President Donald Trump later extended the truce indefinitely.

SOURCE:TRT World & Agencies