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Iran President Declares All-Out War as Rubio Says US Is Destroying Iranian Military and Imposing Sanctions

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Iran's president declared on October 7 that the country is in an "all-out war" and vowed to resist its enemies, according to state-run Fars News Agency. He also said Iran is in talks with neighboring countries to meet its domestic needs, a signal of the economic strain the conflict has imposed on Tehran.

Secretary of State Marco Rubio, speaking the same day during a visit to Greece, said the Trump administration is destroying Iran's military and military-industrial capacity and that Iran now faces a new round of sanctions on top of a collapsing economy. Rubio also said Iran has failed to take advantage of "multiple opportunities" to reach a deal on its nuclear program, describing ceasefire negotiations as stalled after seven months of U.S.-led military operations.

The competing statements reflect a sharp deadlock. Rubio has separately told allied foreign ministers that the U.S. does not plan to initiate major new strikes for the time being, shifting emphasis toward a naval blockade and expanded sanctions to squeeze Tehran. Iran's foreign minister has insisted there is no military solution and that only negotiations based on justice and fairness can end the conflict. Markets were being monitored for pressure on oil prices and the dollar following the all-out-war language from Tehran.

© AI-generated summary is provided by Market Flux

Sources

  1. Osint613Secretary of State Marco Rubio: "Trump is destroying Iran's military and military industrial capacity." "Iran has failed, its economy is collapsing, and now it faces sanctions."
  2. FinancialjuiceIran President: Talking with neighbors to meet needs - Fars
  3. FirstSquawkIRAN PRESIDENT REITERATES COUNTRY WILL ‘RESIST’ ENEMY: FARS
  4. DeItaone*IRAN PRESIDENT SAYS COUNTRY IS IN ‘ALL-OUT WAR’: FARS *IRAN PRESIDENT REITERATES COUNTRY WILL ‘RESIST’ ENEMY: FARS
  5. Capital_HungryIRANIAN PRESIDENT SAYS NATION FACES 'ALL-OUT WAR': FARS NEWS AGENCY IRAN PRESIDENT SAYS IN TALKS WITH NEIGHBORS ON MEETING NEEDS - FARS Mixed war headlines, watching for any Oil and DXY pressure