Iran’s Revolutionary Guard Corps calls economic war ‘main battlefield’ with US

Iran's Islamic Revolutionary Guard Corps (IRGC) said on Monday that economic warfare represents the "main battlefield" in confronting the "enemy," referring to the US.

In a statement, the IRGC accused Washington of seeking through a multilayered sanction regime to "spread despair among the people, put pressure on living conditions, and weaken social trust."

It said all government bodies, including those responsible for the economy, trade, oil, industry, agriculture, banking, and diplomacy, play a decisive role in neutralizing the effects of sanctions.

These institutions also contribute to managing markets, securing essential goods, controlling inflation, and creating employment, it added.

The IRGC declared its readiness for strategic cooperation with President Masoud Pezeshkian's government, saying coordination between the two represents the key to overcoming multilayered sanctions and strengthening national economic resilience.

It also expressed readiness to cooperate and coordinate with the government in all fields required by the difficult conditions facing Iran.

In addition to its military activities, the IRGC maintains an extensive economic presence in Iran, including investments and banking.

The organization, which plays an influential role in Iran's domestic and foreign policy, is also active in construction, heavy industry, petrochemicals, automotive manufacturing, banking, insurance, trade, media, food, and telecommunications.

The statements came after US President Donald Trump last week warned of economic consequences for Iranian trade partners as he seeks to isolate Tehran with new economic sanctions.