Iranian president adresses UNGA amid war with US

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Published: 2026-09-23T15:30:57.343Z • Permanent link

President Masoud Pezeshkian took the podium at the UN General Assembly on Wednesday, marking his first speech at the world body since the conflict between Iran and the US, backed by Israel, escalated. Pezeshkian's address comes as tensions between the two nations continue to rise, with reports of increased military activity in the region. The Iranian president's speech is expected to focus on the economic and humanitarian impacts of the conflict, which have been widely condemned by the international community.

Pezeshkian's comments are expected to be closely watched by global markets, which have already seen significant volatility in the wake of the conflict. The Iranian rial has plummeted against the US dollar, with some analysts predicting a sharp decline in oil prices if the conflict continues. The US has imposed strict sanctions on Iran's energy sector, which has had a devastating impact on the country's economy. The International Monetary Fund has warned that the conflict could push Iran's economy into recession, with some estimates suggesting that the country's GDP could contract by as much as 10% this year.

The conflict has also had a significant impact on regional stability, with neighboring countries such as Iraq and Turkey experiencing increased tensions. The Gulf Cooperation Council (GCC) has issued a statement condemning the conflict and calling for an immediate ceasefire. The European Union has also called for a peaceful resolution, with the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell, urging all parties to engage in dialogue.

The conflict between Iran and the US has significant implications for the global energy market. Iran is one of the world's largest oil producers, and a prolonged conflict could lead to a sharp decline in oil prices. This, in turn, could have a devastating impact on energy-intensive economies around the world. The US is also heavily reliant on Iranian oil, with some analysts predicting that a prolonged conflict could lead to a shortage of oil supplies.

The conflict has also had a significant impact on the global financial markets. The Iranian rial has plummeted against the US dollar, with some analysts predicting a sharp decline in the value of Iranian assets. This could have significant implications for companies that have invested in Iran, including state-owned oil companies such as National Iranian Oil Company (NIOC). The conflict has also raised concerns about the stability of the global financial system, with some analysts warning that a prolonged conflict could lead to a sharp increase in credit risk.

The conflict between Iran and the US is part of a larger pattern of regional instability in the Middle East. The region has experienced numerous conflicts in recent years, including the Syrian Civil War and the Israeli-Palestinian conflict. These conflicts have had significant implications for regional stability, with some analysts predicting that the region could experience a prolonged period of instability. The conflict between Iran and the US is also part of a broader debate about the role of the US in the Middle East, with some analysts arguing that the US should take a more active role in promoting regional stability.