Trump Declares 'Economic D-Day' Against Iran
- On Wednesday, President Donald Trump announced an 'Economic D-Day' against Iran, threatening "tremendous economic consequences" for any country or entity providing a "lifeline" to Tehran.
- The announcement follows the expiration Monday of a 60-day diplomatic window established in June; negotiations failed to resolve disputes over Iran's nuclear program and the Strait of Hormuz.
- Treasury Secretary Scott Bessent warned of "never before seen" measures, targeting oil smuggling, swap lines, cash transfers, exchange houses, ship registries and front companies that facilitate Tehran's trade.
- Iranian Foreign Minister Abbas Araghchi dismissed the campaign as "economic terrorism," while Brent crude prices climbed to about $94 per barrel on Thursday, reaching the highest this month.
- Analysts question effectiveness given China buys more than 80% of Iran's shipped oil; Iran has historically weathered similar sanctions through shadow fleet smuggling networks and alternative trade routes.
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571 Articles
US warns allies, China to back economic war on Iran
WASHINGTON — The United States on Thursday warned allies and China alike to join President Donald Trump's new campaign to isolate the Iranian economy and "collapse" the government in Tehran. U.S. Treasury Secretary Scott Bessent's comments underscored how Trump is shifting to economic rather than military pressure on Tehran as his unpopular war drags towards the six-month mark. Under pressure at home over the impact of the war and with crucial m…
Washington Turns Up Pressure on Iran — But China and the UAE Face Crucial Choice
Washington has announced the launch of an unprecedented financial campaign that will target not only Tehran but also its key trading partners in Asia. Trump Declares Economic War on Iran US President Donald Trump has announced the start of the "most devastating economic operation in history” against Iran. Trump called the escalation an "economic D-Day” aimed at completely isolating Iran and directly demanded the "immediate” end of oil smuggling,…
EU NatGas Hits 2023 Energy Crisis Levels As Trump’s “Economic D-Day” Clouds Hormuz Reopening
EU NatGas Hits 2023 Energy Crisis Levels As Trump’s “Economic D-Day” Clouds Hormuz Reopening European natural gas prices surged to levels last seen during the energy crisis triggered by Russia’s invasion of Ukraine, when severe supply disruptions sent global markets into turmoil. The catalyst was an overnight Truth Social post from President Trump declaring “ECONOMIC D-DAY” against Iran. The announcement raises the probability of prolonged disr…
President Trump Issues Stark Warning To Iranian Allies Around The World: ‘An Unprecedented Scale’ – 100PercentFedUp.com – by Russell
Since military action began in Iran earlier this year, the Trump administration has repeatedly expressed frustration with the unwillingness of Iranian leaders to negotiate a peace plan in good faith. Now, President Donald Trump is taking aim at nations that are assisting that regime, warning them of an unprecedented attack on their respective economies. As The Hill reported: President Trump late Wednesday threatened Iran with a sweeping new ec…
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