'Lost decade of US economy coming': Iran's big warning as tensions flare
Tensions between Iran and the US have escalated following threats of mutual strikes on energy infrastructure. Iranian officials warned of severe economic consequences for the US, while American officials threatened to destroy Iranian oil tankers in response to regional aggression.
Why it matters
The rhetoric highlights the fragility of global energy supply chains and the potential for military conflict to disrupt shipping routes like the Strait of Hormuz.
Iranian parliament speaker Mohammad Bagher Ghalibaf on Monday warned the United States of severe economic consequences if Washington targets Iranian energy infrastructure, saying attacks on Iran's oil and gas assets would trigger retaliation against US interests in the region.Ghalibaf issued the warning in a post on X on Monday, as tensions between Tehran and Washington continued to escalate. He pointed to the vulnerability of oil and gas infrastructure across the region and warned that US energy interests could also be exposed to retaliation.“It’s simple: the oil and gas production chain here is sprawling, accessible, and exposed. American oil and gas companies across these waters and facilities share that exposure. Strike our assets and you get struck. We’ve already proven it.
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