‘Economic D-Day’: Trump warns Iran of ‘unprecedented economic warfare’
On Wednesday, President Donald Trump announced a "most crushing economic operation" against Iran, vowing an unprecedented campaign of economic warfare and isolation. The new measures would target any country with financial institutions, businesses, airports, or government entities providing a "lifeline" to Iran. Trump warned that nations aiding Tehran could face "tremendous economic consequences," including oil smuggling, swap lines, cash transfers, exchange houses, ship registries, and front companies.
The announcement comes amid further escalation of Washington's economic campaign against Tehran, ahead of the sixth month of the US-Iran conflict over the Strait of Hormuz.
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- 'Economic D-Day': Trump warns countries supporting Iran of 'tremendous consequences' timesofindia.indiatimes.com
