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Iran's Revolutionary Guard Warns of Global Economic Impact as Conflict Escalates

Summary by IBTimes UK
A new warning from Iran's powerful military force has pushed the conflict into more dangerous territory, far beyond the battlefield. Iran's Islamic Revolutionary Guard Corps has vowed to strike banks and economic centres as the war enters its 12th day. The threat has raised fears that the crisis could spread from missiles and ships to the foundations of the global financial system. The warning came on Wednesday after Iranian forces fired at two …

2 Articles

Revolutionary Guard confirms attacks on ships outside Iraq On its website Sepah News, the Revolutionary Guard writes that the ship Safesea was “one of the assets of the American terrorist army” and that it “was hit in the northern Gulf after ignoring and not heeding warnings and alerts.” In addition to the Safesea, the Malta-registered Zefyros was also attacked, two Iraqi port officials said. Iran has so far not commented on the attack. Stay up…

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Nettavisen broke the news in on Thursday, March 12, 2026.
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