RismadarVoice Reporters
October 28, 2026
Iranian Foreign Minister Abbas Araghchi has warned that any military attack instigated by Israel in the Persian Gulf could have devastating consequences for international markets, particularly global oil and gas supplies.
Araghchi issued the warning on Wednesday in a statement posted on social media platform X amid renewed tensions between Iran, Israel and the United States.
The foreign minister said the potential economic consequences of another military confrontation remained a major concern for energy-producing countries and consumers.
He warned that an Israeli-instigated military operation in the Persian Gulf could severely disrupt international markets, highlighting the region’s importance to global energy security.
His comments followed discussions on energy diplomacy and global gas markets at the Gas Exporting Countries Forum in Moscow.
Araghchi said the talks had focused on strengthening energy cooperation and addressing threats to the stability of international gas supplies.
The warning comes as Israel and the United States consider the possibility of renewed military action against Iran following months of regional conflict.
The confrontation, which escalated in February with attacks on Iran, has raised concerns about the security of energy infrastructure and shipping routes across the Middle East.
The Persian Gulf is a major centre of global petroleum and natural gas production, while the Strait of Hormuz serves as a critical passage for international energy shipments.
Any serious disruption to shipping or production facilities could affect global supply chains and contribute to volatility in energy prices.
Meanwhile, Israeli Prime Minister Benjamin Netanyahu has renewed his call for cooperation with US President Donald Trump to confront what he described as an existential threat from Iran.
Speaking after Israel’s closely contested general election, Netanyahu said his country had an opportunity to work with Washington to address the Iranian threat.
His remarks came as preliminary election results indicated that neither his political bloc nor the opposition had secured the parliamentary majority required to form a government.
Netanyahu and opposition leader Gadi Eisenkot have both expressed intentions to form the next government, with coalition negotiations expected to follow the final results.
The Israeli leader’s comments have added to concerns about the possibility of further military escalation.
However, neither Tehran’s warning nor Netanyahu’s statements establish that a new attack has been ordered or is imminent.
The latest exchanges underline the continuing diplomatic and security tensions surrounding Iran and Israel, with potential consequences for regional stability and international energy markets.
