Iran threatens to target financial entities that finance US military budget

Dhwani Mehta FXStreet

In a social media post on Sunday, Mohammad Bagher Qalibaf, Iran’s parliament speaker, threatened financial entities that fund the US military.

Key quotes

“Alongside military bases, those financial entities that finance the US military budget are legitimate targets.”

“US treasury bonds are soaked in Iranians’ blood. Purchase them, and you purchase a strike on your HQ and assets.”

“We monitor your portfolios. This is your final notice.”

Separately, Iranian Foreign Minister Abbas Araghchi said on Sunday that “Strait of Hormuz is not closed. Ships hesitate because insurers fear the war of choice you initiated—not Iran. No insurer—and no Iranian—will be swayed by more threats. Try respect.”

“Freedom of Navigation cannot exist without Freedom of Trade. Respect both—or expect neither,” Araghchi added.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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