
Iranian foreign minister Abbas Araghchi warned that Americans would soon face the economic fallout of the escalating US-Iran conflict, arguing that rising debt costs, mortgage rates and consumer financial stress were the “real pain” of what he described as a “war of choice” against Iran.
In a post shared on X on Saturday, Araghchi wrote, “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 US debt and mortgage rates start to jump. Auto loan delinquencies are already at 30+-year high. This was all avoidable.”