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Iran Warns of Economic Fallout From Any Israeli Attack

Iran said any new Israeli attack could disrupt energy shipments and rattle global markets as the Strait of Hormuz remains a key transit route.

  • On Wednesday, Iran warned that a new Israeli offensive in the Persian Gulf could have a "devastating impact" on global energy markets, as provisional results showed Prime Minister Benjamin Netanyahu's Likud party leading the election.
  • Under Israeli Prime Minister Benjamin Netanyahu, the two countries have fought a war for the first time in history, as he vowed to topple Iran's government, viewing it as an "existential threat" to Israel.
  • Washington reportedly told Gulf Arab countries to prepare for a "short, intense military campaign" after the November 3 U.S. midterm elections, while Iranian Foreign Minister Abbas Araghchi said Iran continues to "give diplomacy a chance" to reopen the Strait of Hormuz.
  • Security chief Mohsen Rezaei warned Iran would strike U.S.-related infrastructure if attacked, while Qatari mediators are pushing for "a diplomatic deal" to restart talks and prevent the resumption of war.
  • Gadi Eisenkot warned Netanyahu against using security for political needs, challenging the Prime Minister's assertion that Israel must eliminate the "existential threat" posed by Iran to secure its future.
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Center

The Islamic Republic also stated that it has talks with mediators about the end of the conflict and the reopening of the narrow strategic of Ormuz, a day after a new warning from Israeli Prime Minister Benjamin Netanyahu. The legislative elections, which gave a slight advantage to its bloc, Netanyahu considered Israel to have a "one-time historic opportunity" alongside U.S. President Donald Trump to "definitely eliminate the existential threat" …

·Issy-les-Moulineaux, France
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Far Left

Foreign Minister Araghchi warned in Moscow that Israeli military adventure in the Persian Gulf would threaten global gas, while Tehran defends diplomacy and energy alliance with Russia.

·Caracas, Venezuela (Bolivarian Republic of)
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Lean Right

Iran ' s Foreign Minister Abbas Arakji, Wednesday, warned of any Israeli military adventure, considering that its repercussions could be devastating to the world ' s energy markets, given the persistence of regional tensions and the expectation of the results of the Israeli elections.

·Amman, Jordan
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TVA Nouvelles broke the news in Montreal, Canada on Wednesday, October 28, 2026.
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