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The Economic Times

Economy / The Economic Times

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Iran warns ready for long war that would 'destroy' world economy

Iran said Wednesday it was ready for a long war of attrition that would destroy the world economy, after firing on two commercial ships and threatening any vessels from the US or its allies. The US and Israel must consider the possibility that they will be engaged in a long-term war of attrition that will destroy the entire American economy and the world economy, Ali Fadavi, advisor to the Revolutionary Guards' commander-in-chief, told state television.

11 Mar 2026 10:00 pm