• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Saturday, June 6, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Iran FM mocks US war economic impact

Published on: May 16, 2026 9:20 PM

Iranian Foreign Minister Abbas Araghchi on Saturday mocked the economic impact of the ongoing conflict on the United States. He shared data on rising US Treasury bond yields and suggested the war is increasing financial pressure on the American economy. His remarks added a sharp political tone to ongoing regional tensions.

Araghchi said Americans are being told they must bear the rising costs of a self-inflicted war against Iran. He added that higher fuel prices and stock market pressure are only part of the problem. Moreover, he warned that the real strain will come from rising debt and mortgage rates.

Read more: US agreed to Iran ceasefire as favour to Pakistan, says Trump

The Iranian minister pointed to increasing US borrowing costs and said these developments would hurt households and financial stability. He claimed that growing debt levels would eventually translate into higher economic hardship for ordinary Americans. Furthermore, he suggested the conflict could have been avoided.

Araghchi also said auto loan defaults in the United States have reached a 30-year high. He argued this reflects deeper financial stress in the American economy. However, he did not provide independent data sources to support all claims.

Read more: Trump signals tougher stance on Iran amid Strait tensions

The comments come amid heightened tensions in the Middle East and ongoing exchanges between Iran and Western powers. Analysts say such statements reflect the broader information and diplomatic war accompanying regional conflicts.

 

Filed Under: World Tagged With: Abbas Araghchi, Iran foreign minister statement, Iran US tensions, Latest, Middle East conflict economy, Treasury yields US, US economy war impact

Submit a Comment




Primary Sidebar




Latest News

The Rock responds to viral joke about his shampoo brand

Govt considers tax relief for salons, gyms in Budget 2026-27

Nick Jonas recalls bonding moment with Glen Powell after frightening flight

Russia says it downed hundreds of drones launched by Ukraine in major wave

Two killed in firing incident at PML-N rally in Gilgit-Baltistan

Pakistan

Two killed in firing incident at PML-N rally in Gilgit-Baltistan

PESCO approves one-month salary bonus for employees

Punjab braces for hotter weather as temperatures climb

Pakistan, Russia agree to boost cooperation against illegal immigration

Pakistan rejects India’s comments on Gilgit-Baltistan elections

More Posts from this Category

Business

SBP’s ‘Go Cashless’ campaign saw Rs 34bn in digital transactions on Eid

Short-term inflation down by 0.56%

Saudi-Pak Business Council shows interest in infrastructure investment

‘Govt, allies united in efforts to craft people-centric budget’

Rupee records gain against US dollar

More Posts from this Category

World

Russia says it downed hundreds of drones launched by Ukraine in major wave

US says Iran launched missiles toward Kuwait and Bahrain

Cockroach Party founder leads protest in Delhi

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.