Iran Presidential Hopefuls Debate Economy Ahead of Election

Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
TT

Iran Presidential Hopefuls Debate Economy Ahead of Election

Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

The six candidates vying to succeed ultraconservative president Ebrahim Raisi, who died in a helicopter crash, focused on revitalizing Iran's sanctions-hit economy in their first debate ahead of next week's election.

The contenders -- five conservatives and a sole reformer -- faced off in a four-hour live debate, vowing to address the financial challenges affecting the country's 85 million people.

Originally slated for 2025, the election was moved forward after Raisi's death on May 19 in a helicopter crash in northern Iran.

Long before the June 28 election, Iran had been grappling with mounting economic pressures, including international sanctions and soaring inflation.

"We will strengthen the economy so that the government can pay salaries according to inflation and maintain their purchasing power," conservative presidential hopeful Mohammad Bagher Ghalibaf said.

Ghalibaf, Iran's parliament speaker, also pledged to work towards removing crippling US sanctions reimposed after then US president Donald Trump withdrew from the 2015 nuclear deal.

Iran's economy grew by 5.7 percent in the year to March 2024, with authorities targeting a further eight percent growth this year, driven by hydrocarbon exports.

The sole reformist candidate, Massoud Pezeshkian, said he would seek to build regional and global relations to achieve this growth.

He also called for easing internet restrictions in the country where Facebook, Instagram, Telegram and X are among the social media platforms banned.

Reformists, whose political influence has waned in the years since the 1979 revolution, have fallen in behind Pezeshkian after other moderate hopefuls were barred from standing.

Ultraconservative former nuclear negotiator Saeed Jalili, however, said Iran did not need to repair its relations with the West.

He took aim at Trump, saying his policy of "maximum pressure" against Iran had "failed miserably".

- 'Maximum pressure' -

In the absence of opinion polls, Ghalibaf, Jalili and Pezeshkian are seen as the frontrunners for Iran's second highest-ranking job.

Ultimate authority in the state is wielded by the supreme leader rather the president with 85-year-old Ali Khamenei holding the post for 35 years.

Incumbent Vice President Amirhossein Ghazizadeh-Hashemi said during the debate he would seek to lower inflation following a "political leadership style similar to that of Martyr Raisi."

Raisi easily won Iran's 2021 election in which no reformist or moderate figures were allowed to run. Backed by Khamenei he had been tipped to possibly replace the supreme leader.

Iran’s relations with the West continued to suffer, particularly following the outbreak of the October 7 Gaza war.

Tehran's support for the Palestinian armed group Hamas, coupled with ongoing diplomatic tensions over Iran's nuclear program have hastened the decline.

Mostafa Pourmohammadi, the only cleric in the running, blamed international sanctions for "blocking the economy" and "making financial transactions impossible".

Tehran's conservative mayor, Alireza Zakani, said the US sanctions were "cruel" but were not the main problem behind Iran's economic hardship.

"We should emphasize the economic independence of the country, de-dollarize the economy and rely on our own national currency," he said.



2 Ships Ablaze in Romanian Black Sea Waters, 7 Sailors Missing

A screengrab from an aerial footage shows San Marino-flagged tanker ship that caught fire in Romanian territorial waters, released October 15, 2026. Romanian Interior Ministry/Handout via REUTERS
A screengrab from an aerial footage shows San Marino-flagged tanker ship that caught fire in Romanian territorial waters, released October 15, 2026. Romanian Interior Ministry/Handout via REUTERS
TT

2 Ships Ablaze in Romanian Black Sea Waters, 7 Sailors Missing

A screengrab from an aerial footage shows San Marino-flagged tanker ship that caught fire in Romanian territorial waters, released October 15, 2026. Romanian Interior Ministry/Handout via REUTERS
A screengrab from an aerial footage shows San Marino-flagged tanker ship that caught fire in Romanian territorial waters, released October 15, 2026. Romanian Interior Ministry/Handout via REUTERS

Rescuers were searching for seven missing crew on Thursday from one of two chemical tankers that caught fire overnight inside Romanian territorial waters in the Black Sea, after Russian drones strayed into Romanian airspace, Romanian officials said.

Romanian officials stopped short of explicitly linking the fires onboard the ships to the Russian drones. But the incidents follow drone strikes on at least five other cargo ships near the coasts of Romania and neighboring fellow NATO member Bulgaria over the past 10 days.

At least 23 sailors were lost from those strikes, which unlike the latest incidents took place ⁠just outside NATO's territorial ⁠waters.

The two ships hit overnight were both anchored in the Black Sea near the mouth of the canal leading into the Danube River, a major shipping route used by Ukraine as Russia has attacked Ukraine's own Black Sea ports.

Romania's naval authority said it received an emergency alert from the San Marino-flagged tanker. Seven of its 12 crew were missing and 5 were rescued, Reuters reported.

The interior ministry said it had sent two Black Hawk helicopters to the ⁠search and rescue mission, as well as two ships with medical staff on board.

"At the moment, the rescue cannot be done safely because of very big waves," it said in a statement.

Late on Wednesday, a Comoros-flagged chemical and oil tanker also caught fire. Romanian authorities initially said it was not clear whether it had been attacked. All its crew were safe.

Romania shares a 614-km (381-mile) border with Ukraine, much of it along the Danube. It has reported repeated breaches of its airspace by Russian drones over the past four years.

Both vessels caught fire near the mouth of the Danube River's Sulina Canal leading to the Black Sea, where ships often anchor waiting to pass because of ⁠delays from weather and ⁠congestion.

Increasing attacks on Black Sea shipping connected with the Russia-Ukraine war in recent months have threatened to cause a global food crisis, as both countries are major exporters of grain, as is Romania.

"We're looking at the Black Sea as a global food artery," Romanian Foreign Minister Oana Toiu told a security conference in Warsaw earlier this week.

"It is currently, unfortunately, the deadliest sea when it comes to the number of casualties of sailors in the last months. That means we need to increase our investments in deterrence, defense."

Bulgarian Prime Minister Rumen Radev said EU leaders would discuss on Thursday a proposed moratorium on attacks on civilian ships in the Black Sea.

Russia has been bombing Ukraine's Black Sea ports, forcing Kyiv to rely increasingly on Danube River ports and shipping routes close to the coasts of Bulgaria and Romania. For its part, Ukraine has targeted Russian ships near the mouth of the Don River in the Azov Sea.


Moscow Arrests Swede for 'Illegally' Crossing into Russia and Planning Attacks

People walk near the Kremlin, in Moscow, Russia, 25 September 2026. EPA/MAXIM SHIPENKOV
People walk near the Kremlin, in Moscow, Russia, 25 September 2026. EPA/MAXIM SHIPENKOV
TT

Moscow Arrests Swede for 'Illegally' Crossing into Russia and Planning Attacks

People walk near the Kremlin, in Moscow, Russia, 25 September 2026. EPA/MAXIM SHIPENKOV
People walk near the Kremlin, in Moscow, Russia, 25 September 2026. EPA/MAXIM SHIPENKOV

Russia's security services arrested a Swedish man they said fought for Ukraine for "illegally" crossing into Russia and allegedly planning attacks on military infrastructure, Russian media reported Thursday.
Russia's FSB security service, quoted by state news agencies, said an unnamed Swede was arrested in the northwestern Pskov region near the Lithuanian border, adding that "under the pretext of joining the Russian armed forces, he travelled to Russia to carry out acts of sabotage and terrorism on military facilities".


Washington Divided Over Renewed Strikes on Iran

US Secretary of War and CENTCOM commanders favor resuming the war against Iran, according to Axios. (CENTCOM)
US Secretary of War and CENTCOM commanders favor resuming the war against Iran, according to Axios. (CENTCOM)
TT

Washington Divided Over Renewed Strikes on Iran

US Secretary of War and CENTCOM commanders favor resuming the war against Iran, according to Axios. (CENTCOM)
US Secretary of War and CENTCOM commanders favor resuming the war against Iran, according to Axios. (CENTCOM)

Divisions have emerged within the Trump administration over whether to resume major military operations against Iran, with Defense Secretary Pete Hegseth and US Central Command (CENTCOM) leadership favoring fresh strikes while most presidential advisers advocate continued economic pressure, Axios reported.

The disagreement comes after President Donald Trump and Israeli Prime Minister Benjamin Netanyahu discussed a possible joint operation against Iranian military and nuclear facilities last week, according to US and Israeli officials and another informed source.

On Wednesday, Netanyahu warned that Iran’s proxies were seeking to launch missiles and carry out attacks.

Speaking to Israeli Army Radio, he said he opposed a preemptive strike on Tehran ahead of the elections, arguing that the timing was inappropriate. He nevertheless vowed to eliminate Hamas and Hezbollah and bring down Iran within two years.

Military Option Remains Open

The discussions suggest military escalation remains possible despite Trump’s insistence that he will not attack Iran before the US midterm elections, scheduled a week after Israel’s October 27 vote.

A US official said Netanyahu appeared eager to resume hostilities, but Trump had offered no firm commitment.

“Go ahead and prepare,” Trump reportedly told Netanyahu, a remark the official said could signal imminent action, a later operation or no attack at all.

A White House official denied that the leaders had discussed resuming the war, reiterating Trump’s position on the midterms.

Netanyahu’s office confirmed regular contacts with Washington but declined to discuss their substance.

According to the sources, Trump initially appeared inclined toward renewed strikes before becoming more hesitant.

Hegseth and CENTCOM leaders remain the strongest advocates of military action, while most advisers argue that sanctions and other economic measures are increasingly effective.

The debate pits military action aimed at disrupting Iran’s capabilities against sustained pressure intended to extract concessions without another round of fighting.

US and Israeli forces remain on alert, although preparations do not indicate that a final decision has been made.

Nuclear Concerns

Israel says intelligence indicates Iran is rebuilding parts of its nuclear program, concerns Netanyahu raised with Trump.

Israeli officials are particularly worried that Tehran could use the Pickaxe Mountain facility for uranium enrichment.

Senior Trump administration officials met for hours at Camp David on October 2 to discuss possible renewed strikes, including operations against Iranian military installations.

Whether the intelligence concerns will prompt military action or strengthen Washington’s negotiating position remains unclear.

The electoral calendar further complicates the calculations. A renewed offensive could provoke hundreds of Iranian ballistic missile launches toward Israel, potentially widening the conflict and disrupting its elections.

Diplomacy Continues

Meanwhile, Qatari mediators are awaiting Tehran’s response to Washington’s latest counterproposal to end the war, which demands nuclear concessions.

A US official said negotiations had not collapsed but were making little progress.

The official said Tehran had expected Trump to retreat under wartime pressure and with the midterms approaching, but the president had demonstrated that those calculations were mistaken.

On Tuesday, Trump again called Iran a “failed state” and said Washington would make a decision concerning Tehran “very soon.”