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Economy

Iran security chief threatens neighbors against economic measures, and other Mideast developments

The new leader of Iran’s top security body is threatening neighbors against joining new U.S. efforts to squeeze Tehran’s economy. Egypt is trying to revive Iran-U.S. negotiations. And Iraq and Iran say Tehran has helped some ships carrying Iraqi oil to transit the Strait of Hormuz . France and Saudi Arabia are expected to discuss plans to bypass the waterway. Meanwhile, Israel has carried out str

Source: Associated Press · August 22, 2026 at 11:45 PM · AI-assisted report

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Iran security chief threatens neighbors against economic measures, and other Mideast developments
Photo: Raymond Shobe / CC BY 2.0

WASHINGTON, 23 AUGUST 2026 —

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Iran’s new security chief warns neighbours against U.S. economic pressure

The appointment of Mohsen Rezaei as head of Iran’s Supreme National Security Council (SNSC) has intensified the country’s rhetoric against the United States and its regional partners. In a televised interview with the state broadcaster IRIB on Saturday, Rezaei threatened that any nation joining what he described as a “new U.S. effort to squeeze Tehran’s economy” would face “seismic” retaliation.

He warned that Iran would target oil‑shipping routes out of the Persian Gulf, including alternatives to the Strait of Hormuz, if neighbouring states were deemed enemies.

Rezaei’s comments come amid a broader U.S. strategy to increase sanctions on Iran. President Donald Trump has recently pledged to impose an “unprecedented” level of economic warfare and isolation on Tehran. Iran has endured a series of sanctions for years, and Rezaei’s statement signals a hardening of Tehran’s stance.

He also said that Iran would impose fees on ships transiting the Strait of Hormuz and that discussions with Oman over the management of the strait were ongoing.

Egypt seeks to revive Iran‑U.S. talks In a separate development, Egypt’s foreign ministry announced that its top diplomats had met with Iranian officials to explore a return to negotiations between Tehran and Washington. Foreign Minister Abbas Araghchi and his Egyptian counterpart Badr Abdelatty discussed the Iranian‑Omani talks and the broader context of the war.

The Egyptian ministry said Araghchi briefed the Egyptian foreign minister on “Iran’s view of ongoing developments, the course of negotiations and their challenges,” but did not elaborate further. Araghchi also confirmed a call with Pakistan’s army chief, Field Marshal Asim Munir, though details of that conversation were not released.

Iraq and Iran cooperate on oil transit Iraqi President Nizar Amidi stated that Tehran has facilitated the transit of some Iraqi oil tankers through the Strait of Hormuz, a key waterway for global oil and gas supplies. The Iraqi state news agency reported that Iraq does not have a national carrier for transporting oil, and that a number of Iraqi oil tankers have been permitted to transit.

Iran’s state‑run IRNA news agency confirmed the facilitation but did not disclose how many ships were involved or what, if any, compensation Tehran received.

Israel’s continued strikes in Syria and Gaza Israel has carried out a series of airstrikes in Syria and Gaza. An Israeli drone strike on a vehicle in the southwestern Syrian village of Beit Jin wounded one person, according to the Syrian state news agency SANA. The Syrian foreign ministry said several civilians were injured and called the strike a flagrant violation of sovereignty.

The Israeli military said it targeted a “terrorist who advanced terror attacks in final stages of preparation,” but did not provide further details.

In Gaza, an Israeli strike on the backyard of a house in central Gaza killed one Palestinian and wounded another, according to health officials at Al‑Aqsa Martyrs hospital. The Israeli military said it targeted Sharif al‑Hasanat, a Hamas commander who “advanced terror attacks and took part in efforts to restore Hamas’ underground infrastructure.” Days earlier, a U.S. negotiator reportedly asked Israel to draw down attacks while seeking to make progress on a ceasefire.

France and Saudi Arabia plan alternative routes to the Strait

French President Emmanuel Macron and Saudi Crown Prince Mohammed bin Salman are expected to discuss plans to develop alternative routes to the Strait of Hormuz during the Crown Prince’s two‑day visit to Paris that begins on Sunday. Officials in the Saudi presidency said the proposals would include increasing trade through Omani ports outside the Persian Gulf, expanding or doubling pipelines in Saudi Arabia and elsewhere, and developing new rail links.

France and Saudi Arabia have formed a task force on energy and logistics connections between the Middle East and Europe that is scheduled to meet at the ministerial level on Monday. The work will focus on identifying the most strategic projects, securing financing and establishing roles for French companies.

Rezaei’s warning on U.S. military presence Rezaei also warned the United States against sending more military personnel to the region. He said that the U.S. had increased nuclear insecurity because countries see that participating in international monitoring efforts, as Iran has done, is no protection against attack. He added that Iran would bring new capabilities to what he called the “next war” and that it would change its diplomacy in response to U.S. actions.

Regional implications The statements from Iran, Egypt, Iraq, France, Saudi Arabia and Israel underscore the complex web of alliances and rivalries that define the Middle East. Iran’s threat to target shipping routes could disrupt global oil markets, while Egypt’s diplomatic outreach may signal a shift toward a more conciliatory approach with the United States.

Iraq’s cooperation with Iran on oil transit highlights the country’s reliance on Tehran for energy logistics, and France and Saudi Arabia’s plans to bypass the Strait of Hormuz could reshape trade flows in the region.

Stakeholder perspectives Rezaei’s remarks were delivered in a context of heightened tension, with the U.S. and Israel continuing to pressure Iran through sanctions and military actions. The Egyptian foreign ministry’s statement reflects a pragmatic approach to diplomacy, while the Iraqi president’s comments suggest a willingness to collaborate with Iran on practical matters such as oil transport.

Israel’s continued strikes in Syria and Gaza demonstrate its ongoing security concerns, and the French‑Saudi discussions point to a broader European interest in securing alternative energy routes.

Looking ahead

The situation remains fluid. Iran’s new security chief has signalled a willingness to use economic and military pressure against its neighbours, while Egypt seeks to re‑engage with the United States on the Iran dispute. Iraq’s cooperation with Iran on oil transit may continue to shape regional energy dynamics. France and Saudi Arabia’s plans to develop alternative routes to the Strait of Hormuz could reduce dependence on the narrow waterway and alter global shipping patterns.

The international community will be watching closely as these developments unfold, with implications for regional stability, global energy markets and the broader geopolitical balance.

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Reporting based on Associated Press. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.