Iran's currency falls to record low, Iran is 'afraid' of Trump's inauguration

After President-elect Trump's victory, Iran must prepare to fight the man who has been attempting to assassinate him for years.

The Iranian government was reportedly interfering in the US election on behalf of Vice President Kamala Harris. But with former President Donald Trump's victory, the administration will at least need to prepare for a wild card in American leadership.

On Wednesday, the Telegram channel of Iran's military force, the Islamic Revolutionary Guards Corps (IGRC), posted a video threatening to kill President Trump. It ended with footage of President Trump covered in blood and the words, “We will get the job done.”

Iran has long vowed revenge for President Trump's approval of the 2019 killing of General Qasem Soleimani.

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Behnam Ben Taleburu, an Iran expert at the hawkish Foundation for Defense of Democracies (FDD) think tank, told FOX News Digital: “The Islamic Republic is not willing to accept the fact that the presidential candidate they tried to kill won the election. We have to be afraid.”

“The regime knows it cannot afford any more exogenous economic shocks. Even putting maximum pressure back on the Islamic Republic will cause significant economic problems.”

Iran's currency plunged to record lows on Wednesday after President Trump was declared the winner, showing that Iran's challenges in the Middle East are far from over as proxy wars escalate in both Gaza and Lebanon.

Following Tuesday's victory, Iran must now prepare to take on the man who has been attempting assassinations for years. (AP Photo/Evan Vucci)

Traders in Tehran said the rial traded at a record 703,000 rials to the dollar, but recovered slightly to 696,150 rials to the dollar later in the day.

In 2015, when Iran signed a nuclear deal with world powers, the rial was worth 32,000 rials to the dollar. On July 30, when Iran's reformist President Masoud Pezeshkian was sworn in and began his term, the exchange rate was $1 = $584,000.

And despite the lack of enforcement of U.S. sanctions that critics claim have not been enforced, Iran has been able to export a near-record amount of oil, about 1.7 million barrels a day.

At the same time, Iran could ramp up production to build nuclear weapons within weeks, according to many estimates.

“The Iranian government knows it will be under maximum pressure again,” Tabul said. “In these lame duck times, the threat of nuclear saber rattles must be taken seriously, especially when conventional deterrence is severely outgunned.”

After the Trump administration withdrew from the Iran nuclear deal in 2018, it imposed tough sanctions on the administration to stop funding its foreign proxies and prohibited U.S. citizens from doing business with Iran or handling Iranian funds. .

It also imposed sanctions on companies from other countries that did business with Iran, including blocking them from doing business with the dollar.

Iran's supreme leader Ayatollah Khamenei has led a long-running campaign to assassinate President Trump. (Atta Kenare/AFP via Getty Images)

President Biden has been keen to bring Iran back to the negotiating table to prevent it from acquiring nuclear weapons, and has often waived enforcement of these sanctions for fear of soaring global oil prices.

Iran gained access to more than $10 billion through a State Department sanctions waiver that allows Iraq to continue buying energy from Iran, but the Biden administration says it needs to keep the lights on in Baghdad. claims.

White House National Security Council spokesman John Kirby insisted that none of the funds were going to the Revolutionary Guards or Iran's supreme leader Ayatollah Khamenei, but were “for humanitarian assistance.”

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Iran also needs to factor the impending Trump presidency into how it escalates its war with Israel. Israel responded to Tehran's attack on Tel Aviv last month with an attack on Iranian military facilities, and Khamenei has now vowed to take tough countermeasures.

“Trump's victory will likely prompt Iran to consider striking back against Israel in retaliation,” said Sean McFate, an adjunct professor at Syracuse University's Maxwell School of Citizenship and Public Affairs.

“During the previous Trump administration, he abandoned the Iran nuclear deal (JCPOA), strongly embraced Israel, and sought to normalize relations with Jews and Arabs in the region. I don't think he would support the Palestinians. Likely to end the Biden-Harris dual policy.'' Supporting both sides in the Gaza conflict does nothing good for Iran. ”

In 2019, President Trump ordered a drone attack on Iranian Quds Force commander Qassem Soleimani (center). (Spokesperson of the Supreme Leader of Iran/Anadolu Agency/Getty Images)

However, some predict that President Trump's anti-interventionist tendencies may actually lead to less support for Israel, Iran's biggest enemy in the region, than the Biden administration.

“There's an element of unpredictability about Mr. Trump,” said Chuck Freilich, Israel's former vice national security adviser. “They don't know. They're going to be more cautious with him from that standpoint than they were with Biden.”

“Will they be willing to do what they have to do to stop Iran from crossing the border? That may include military action. Republicans have become isolationist.

“Biden sent a group of aircraft carriers (near Israel) four times last year. This is an unprecedented deployment of U.S. forces to both support Israel and deter Iran. Does (President Trump) have any intention of doing so? ?” he added. “He will probably be even less inclined to use military force than Mr. Biden.”

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Iran has officially dismissed suggestions that Trump's inauguration could damage the regime.

According to the paper, government spokesperson Fatemeh Mohajerani said: “U.S. elections are not really our business. Our policies are stable and will not change based on individuals. “We have made the necessary predictions and there will be no changes in people's lives.” Semi-official Tasnim news agency.