Iran to tackle economic issues, says further attacks will be 'more painful'
Summarized from yahoo.com
The article reports that Iran is intensifying efforts to address economic challenges stemming from U.S. sanctions, which have severely impacted its economy. Iran’s Parliament Speaker, Mohammad Baqer Qalibaf, warned of a “faster, heavier and more painful response” to any further attacks on Iran’s interests and security. Qalibaf emphasized that Iran’s primary battle now centers on production and the livelihoods of its people, citing currency fluctuations, inflation, unemployment, and market management as significant challenges. Iran’s Economy Minister, Ali Madanizadeh, stated that Tehran plans to counter U.S. economic pressure through domestic reforms and rejected the notion that sanctions would compel Iran to alter its course.
Simultaneously, military tensions have escalated, with tit-for-tat strikes resuming after a pause in August. The U.S. Central Command reported striking three Iranian tankers following Iranian ballistic missile attacks on two U.S. Navy ships. Iran has demonstrated its capability to target U.S. interests in neighboring countries and disrupt oil flows through the Strait of Hormuz, a critical global oil supply route. However, the U.S. campaign to blockade Iran’s oil exports and prevent sanctions evasion is increasingly straining Iran’s economy, according to three senior Iranian sources. Despite these challenges, Iran’s Economy Ministry deputy, Morteza Zamanian, indicated that the ministry’s “Economic War Headquarters” is redoubling efforts to mitigate war-induced economic problems. Source