Iran FM Says US War Against Iran Imposes Heavy Economic Costs on Americans

Iranian Foreign Minister Abbas Araghchi has stated that the United States is facing significant and avoidable economic consequences as a result of its military actions against Iran.

In a post on X (formerly Twitter), he argued that Washington’s policies toward Iran are directly affecting ordinary American citizens through rising financial pressure and market instability.

He stated that:

“Americans are told that they must absorb rocketing costs of war of choice on Iran,” the top diplomat wrote in a post on X on Saturday.

He further warned that the economic impact goes beyond fuel prices and financial markets, pointing to deeper risks in the US economy, including debt levels, mortgage rates, and consumer credit stress.

He stated that:

“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,” he added. “This was all avoidable.”

Araghchi linked these developments to ongoing tensions following recent military escalation involving the United States and Israel against Iran, which he described as unlawful attacks carried out between February 28 and April 7.

He claimed that Iran responded with significant countermeasures targeting strategic assets in the region, while also disrupting key maritime routes such as the Strait of Hormuz, which he said impacted global energy markets.

According to estimates cited in the report, the financial burden of the conflict has already reached tens of billions of dollars for the United States, with some projections suggesting long-term costs could rise dramatically depending on continued regional instability.

Economic analysts, including experts from Harvard Kennedy School, have warned that prolonged escalation could push total costs into the trillions, especially if disruptions to global energy supply chains continue.

Separately, Iranian officials have also warned that continued military pressure near critical shipping routes could trigger broader financial instability, given the already high levels of US national debt.