All articles tagged with #economic war
Iran’s top security official warned that any country participating in the US-led economic war will be treated as an enemy and face 'seismic' retaliation, signaling possible disruptions to alternative oil routes if Hormuz is bypassed. The remarks come as the US prepares new sanctions and Tehran seeks deterrence amid broader regional escalation and Gulf states weighing their aligned interests.
Iran’s security chief warns nearby states not to join the US-led campaign to cripple Iran’s economy, threatening to treat violators as enemies. He outlines a three-stage plan—negotiate first, try to separate allies from the US with conciliatory language, then act if they persist—while Trump and US officials push heavy sanctions and threaten broader economic consequences, with the Strait of Hormuz remaining a central strategic flashpoint and possible expansion of targets beyond the Middle East.
Russia has escalated its economic war with the West by seizing assets of major conglomerates, further straining relations. This move comes as a response to Western sanctions imposed on Russia over its actions in Ukraine and alleged cyberattacks. The asset seizures target companies in various sectors, including energy, finance, and technology, and are seen as a retaliatory measure aimed at undermining Western influence and asserting Russian dominance. The escalating economic tensions between Russia and the West pose significant challenges to global stability and further exacerbate geopolitical tensions.