The Aporia
The Straits Times. (2026, October 28). Iran warns any Israeli-led attack will be ‘devastating’ for global markets. The Straits Times. https://www.straitstimes.com/world/middle-east/iran-warns-any-israeli-led-attack-will-be-devastating-for-global-markets
The Straits Times. “Iran warns any Israeli-led attack will be ‘devastating’ for global markets.” The Straits Times, 28 Oct. 2026, https://www.straitstimes.com/world/middle-east/iran-warns-any-israeli-led-attack-will-be-devastating-for-global-markets.
The Straits Times. “Iran warns any Israeli-led attack will be ‘devastating’ for global markets.” The Straits Times, October 28, 2026. https://www.straitstimes.com/world/middle-east/iran-warns-any-israeli-led-attack-will-be-devastating-for-global-markets.
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On October 28, 2026, Iran’s Foreign Minister Abbas Araghchi warned that any Israeli-led military attack in the Persian Gulf region would have a “devastating impact” on global markets. In a post on X, he stated this remains a major concern for both gas suppliers and consumers. The warning comes as voting concluded from an Israeli election, with Prime Minister Benjamin Netanyahu seeking to form a new government after recent elections. Discussions between the United States and Israel have raised the possibility of renewed attacks against Iran since their war began in February, significantly disrupting energy shipments through the Strait of Hormuz.