Trump announces ‘economic D-Day’ of Iran sanctions, moving war to new phase
The move reflects a reality that was already clear to many observers: that the “hot” conflict with Iran is being replaced by a “cold” economic war.
US President Donald Trump has announced a new phase of economic sanctions against Iran, which he described as the "most crushing economic operation ever taken against any country". According to Trump, these measures aim to isolate Iran economically and diplomatically. He stated that Iran had failed to take advantage of a major opportunity for a deal under his leadership.
The conflict between the US and Iran has already resulted in thousands of deaths and has had a significant impact on global markets. Iran's ability to control shipping through the Strait of Hormuz, a vital waterway for oil exports, has been a major concern. The US considers this an economic war, with Trump warning of consequences for any country that provides a lifeline to Iran.
An Iranian official, Brig Gen. Mohammad Reza Naqdi, has responded to Trump's moves, dismissing him as "short-sighted" and "childish". Naqdi questioned Trump's credibility, saying he would trust a taxi driver more than the US leader. The conflict has led to a "cold" economic war, replacing the "hot" conflict, according to The Sydney Morning Herald and The Age.
Brief written by urgent.news from The Sydney Morning Herald, The Age, Al-Monitor, The Indian Express, Gulf News — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
