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Iran official warns of market instability if sanctions continue

Iran official warns of market instability if sanctions continue

An Iranian senior official predicted that global energy markets will experience ongoing fluctuations for three years if American pressures on Iran continue, emphasizing that this situation will lead to price instability. He warned that Iran would be capable of launching missile and drone attacks on American assets in the region, expanding its targets to include cables, data centers, and artificial intelligence facilities if another war occurs. He confirmed that Tehran would not reopen the Strait of Hormuz or return to negotiations until its seven conditions are met. He also pointed out that Gulf countries are rapidly reassessing their relations with Iran after recognizing the diminished capacity of American forces to protect their bases.

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