Iranian FM: US to face economic costs from "war of choice"

Iran’s Foreign Minister Abbas Araghchi has warned that the United States will face rising economic pressure as a result of what he described as a “war of choice” involving Iran.

In a post on the social media platform X, Araghchi said Americans are being told they must “absorb rocketing costs of war of choice on Iran," Caliber.Az reports. 

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

“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," he wrote on X. 

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.

By Sabina Mammadli