Iranian President Masoud Pezeshkian says enemy failed to achieve objectives of economic war

Iranian President Masoud Pezeshkian has said his government has adopted a new arrangement to deal with what he described as the countrys special conditions while claiming that intensified economic pressure has failed to achieve the objectives of Irans adversariesPezeshkian made the remarks in a post on X amid continuing hostilities and growing economic pressure on Tehran He said Irans government with public support and measures taken by officials had prevented efforts to disrupt the countrys economy from achieving their intended goalsPezeshkian says Iran has adopted new measuresldquoThe government has adopted a new arrangement to manage these special conditions The enemys plan in recent months has been to cut off the countrys vital arteries with the aim of pressuring the noble people of Iran Economic pressure has intensified but by the grace of God with the accompaniment of the people and the measures taken by our colleagues in the government we have not allowed the enemys objectives in the economic war to be realizedrdquo the Iranian President postedPezeshkian did not provide details of what the new arrangement would involve His comments came as Iran faces intensified pressure from the United States including sanctions targeting financial and commercial networks linked to the Iranian economy Recent US measures have targeted sectors including energy shipping aviation and other sources of revenueIran and US offer contrasting assessmentsPezeshkians assessment of the impact of economic pressure contrasts sharply with that of US President Donald Trump who has described Iran as facing severe economic and military difficultiesTrump said the conflict with Iran would end very quickly and predicted a sharp fall in oil prices once the hostilities were over He made the remarks while speaking to reporters after arriving in Texas and later during a visit to a Peterbilt Motors facility in DentonldquoIran will very soon be ending one way or the otherrdquo Trump told reporters ldquoItll either just say look they have 301 per cent inflation They have no money they have no currency Their military has been defeated their navy is gone their air force is gone everythings gonerdquoTrumps figures and description of Irans military condition were presented as his assessment of the situationTrump predicts sharp fall in oil pricesTrump also linked the end of the conflict to energy prices saying the conclusion of hostilities would lead to a significant decline in oil pricesldquoAnd one way or the other its going to end very quickly And when that ends oil prices are going to drop like a rockrdquo he saidHis comments come as the conflict and disruptions involving Iran have continued to affect global energy markets The Strait of Hormuz remains particularly important to oil and gas flows making developments involving Iran closely watched by energyconsuming countriesUS sanctions add to pressure on TehranWashington has continued to expand its sanctions campaign against Iran Recent US measures have targeted Iranian financial networks and entities accused of supporting the countrys oil trade and other economic activities The US Treasury has described its campaign as an effort to restrict the financial resources available to the Iranian government and the Islamic Revolutionary Guard CorpsIran however has consistently rejected the US characterisation of the impact of sanctions and has sought to portray its economy as capable of functioning despite external pressureWith inputs from IANS