Iran’s Foreign Minister, Abbas Araghchi, has warned that any Israeli-instigated military attack in the Persian Gulf region could have a devastating impact on global markets, raising fresh concerns over energy supplies and international trade.
Araghchi issued the warning on Wednesday amid renewed tensions involving Iran, Israel and the United States, with the possibility of further military action threatening to deepen instability across the Middle East.
In a post on X, the Iranian foreign minister said the potential impact of an Israeli-instigated military operation in the Gulf remained a major concern for both gas suppliers and consumers.
His remarks come as Washington and Tel Aviv have raised the possibility of renewed strikes against Iran, following a conflict that began in February 2026.
Israeli Prime Minister Benjamin Netanyahu said on Wednesday that Israel had an opportunity to work with US President Donald Trump to eliminate what he described as the existential threat posed by Iran.
The exchange of warnings has heightened concerns about the potential consequences of another escalation, particularly for global energy markets.
The Persian Gulf is a strategically important region for international oil and gas supplies. Any disruption to production facilities, shipping routes or energy infrastructure could affect supply levels, push up prices and increase costs for businesses and consumers worldwide.
The Strait of Hormuz, which connects the Persian Gulf to the Gulf of Oman, is particularly significant because a substantial share of the world’s oil and liquefied natural gas trade passes through the waterway.
The ongoing conflict has already disrupted energy shipments and contributed to uncertainty in international markets. A fresh military confrontation could intensify those pressures, depending on its scale and the extent of any damage to energy infrastructure or maritime transport.
Diplomatic efforts to prevent further escalation are continuing, with regional and international actors seeking ways to reduce tensions and restore stability.
Araghchi’s warning underscores Tehran’s position that renewed military action would carry consequences beyond the immediate parties to the conflict, potentially affecting energy-importing and exporting countries alike.
However, the actual impact on global markets would depend on whether an attack occurs, the targets involved and the extent of any resulting disruption to oil and gas supplies.
#Iran #Israel #AbbasAraghchi #MiddleEast #GlobalMarkets #OilPrices #EnergySecurity #WorldNews #OnPointGist
