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Iran accuses US of manipulating energy markets to prolong war

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At a glance

  • Iran accuses the US of manipulating energy markets to prolong the war.
  • Tehran is reportedly facing a domestic petrol shortage amid the conflict.
  • Iran's Supreme Leader has called for national unity to overcome economic challenges.

Story so far

Amid an ongoing conflict, Iran has accused the United States of deliberately extending the war by manipulating energy markets. Reports suggest Iran has responded to alleged attacks on its cities by targeting US military bases across the Middle East. Domestically, Iran is grappling with economic challenges, including a significant petrol shortage, prompting Supreme Leader Ayatollah Ali Khamenei to call for national unity and effective governance. An Iranian official has also stated that the Strait of Hormuz remains closed to uncoordinated maritime traffic.

Latest development

Iran's Foreign Minister, Abbas Araqchi, has accused the United States of manipulating energy markets through the media to prolong the ongoing regional conflict. He claimed the financial burden of the war is being borne by American consumers.

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