The publication of the Political Bureau of the Islamic Revolutionary Guard Corps reacted to the potential attack of the Islamic Republic on Israel, stating in a note to 'relevant ministries related to the market and economy' that they 'must prepare for a war posture' and get ready for an 'economic war.' The website 'Basirat,' the publication of the Political Bureau of the IRGC, called on economic officials of the government to simultaneously enhance 'supervision and management of the market' as the 'zero hour' approaches for the start of a kind of military retaliatory action. This note urged the Central Bank to prevent the rising exchange rate, which has been experiencing an unprecedented upward trend following the news of Ismail Haniyeh's death, stating: 'The role of the Central Bank as the central command of the economic war is extremely important in controlling the exchange rate as a cornerstone of the country's inflationary expectations.' In another section of this note, the IRGC, which spends billions of dollars arming proxy militant groups and inciting conflict in the region, called on the public to 'fulfill their duty and obligation' and to refrain from 'rushing to markets and resources' for 'consumption control.' The Political Bureau of the IRGC, seemingly concerned about the Islamic Republic's inability to control the country's economic situation in the event of escalating regional tensions, claimed that 'the Iranian economy has reached a relative coexistence with security and political shocks' and that 'the Central Bank's currency governance and sufficient resources absorb a significant part of the impacts of such shocks.' Meanwhile, the likelihood of new conflicts in the region has led to an increase in oil prices in global markets and has had a significant impact on the Tehran stock and currency markets. The Islamic Republic is accused of providing millions of dollars in financial and military aid to Hamas. Additionally, by supporting groups like Hamas, which are listed as terrorist organizations by various countries, it has earned the title of 'the world's largest state sponsor of terrorism' from the United States. Both Hamas and the Islamic Republic of Iran have accused Israel of killing Haniyeh and have vowed to retaliate. Israel has neither confirmed nor denied involvement in this matter. Previously, Israel had identified Ismail Haniyeh as one of the perpetrators of the October 7 attack by Hamas on southern Israel, which resulted in the deaths of approximately 1,200 people, and had promised to kill him. Ismail Haniyeh had settled in Qatar. He had come to Tehran for the swearing-in ceremony of the Minister of Health and had met and talked with him and Ali Khamenei, the leader of the Islamic Republic, just hours before his death. Recent regional developments and the rare visit of the Jordanian Foreign Minister to Iran were also discussed. The United States supported Israel's approach in the Gaza ceasefire negotiations, and the rare visit of the Jordanian Foreign Minister to Tehran aimed to reduce tensions; the region must live in 'peace, security, and stability.'
Response of the Political Bureau of the Islamic Revolutionary Guard Corps to the Start of 'Economic War' and 'Public Rush to the Market'
The Political Bureau of the IRGC has called for preparations for an 'economic war' in response to potential military actions following the death of Hamas leader Ismail Haniyeh. They urged economic officials to manage the market and stabilize the currency amid rising tensions with Israel. This situation highlights the Islamic Republic's struggle to maintain economic stability amidst regional conflicts.
👥 Key Players
⚡ Actions
📰 What Happened
IRGC calls for economic war readiness amid regional tensions and public market rush.
- Political Bureau of the IRGC announce relevant ministries, Central Bank
- Political Bureau of the IRGC call Iranian public
- Political Bureau of the IRGC urge Central Bank
💡 Why It Matters
📚 Background
The IRGC is positioning itself for an economic confrontation amid heightened regional tensions.
📝 Key Evidence
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%