Iranian Foreign Minister Seyed Abbas Araghchi said the latest US economic operation against Tehran is doomed to fail. His remarks came after US President Donald Trump announced an unprecedented campaign of economic warfare and isolation against countries supporting Iran.
US President Donald Trump said the United States will continue military action against Iran until it no longer poses a nuclear or military threat. He also expressed doubts over diplomatic negotiations while linking pressure on Iran to broader regional security efforts.
Chief Economic Advisor V. Anantha Nageswaran has cautioned that India’s inflation outlook faces fresh risks due to rising crude oil and commodity prices triggered by the Iran-US conflict. While India enters this phase with strong macroeconomic fundamentals, policymakers face the challenge of containing inflation without undermining growth.