Al Arabiya English, on Iran, 28 October 2026

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Iran warns any Israeli-led attack would be ‘devastating’ for global markets

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Iran’s Foreign Minister Abbas Araghchi warned on Wednesday that any Israeli-instigated attack in the Gulf region would have a “devastating impact” on global markets. “Devastating impact on int’l markets of any Israel-instigated military misadventure in [Arabian] Gulf region remains major concern for both gas suppliers and consumers,” Araghchi said in a post on X. For all the latest headlines, follow our Google News channel online or via the app.

The United States and Israel have in recent days raised the prospect of renewed attacks on Iran in the Middle East war which began in February with strikes on the country. Israeli Prime Minister Benjamin Netanyahu, who is seeking to form a new government after close elections, said on Wednesday he could work with US President Donald Trump to eliminate the “existential threat” posed by Iran. Read more: Qatari mediators present Iran with new deal to end the war, official says US costs of Iran war rise to over $47 billion, according to Pentagon estimate Advertisement Advertisement

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About this analysis

Al Arabiya English reports Iranian Foreign Minister Abbas Araghchi's warning that any Israeli-instigated attack in the Gulf would hit global markets. The outlet sets his warning against recent US and Israeli talk of renewed attacks, including Netanyahu's remarks. Al Arabiya English attributes every quote clearly and does not mislead its reader.

What it gets right

  • “Araghchi said in a post on X”

    The outlet quotes the Iranian minister's own words in full and says where he said them, so the headline's 'devastating' rests on a real quotation.

  • “The United States and Israel have in recent days raised the prospect of renewed attacks on Iran”

    The outlet names the US and Israel as the parties threatening renewed attacks. It also makes clear the war began with strikes on Iran, rather than presenting Iran as the aggressor.

  • “said on Wednesday he could work with US President Donald Trump to eliminate the “existential threat” posed by Iran”

    The outlet keeps Netanyahu's 'existential threat' inside quotation marks and attributes it to him, rather than adopting it in its own voice.

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