Trump Declares 'Economic D-Day' Against Iran
Trump said the campaign would impose the toughest sanctions yet on countries that aid Iran, as the UAE cut trade ties and oil traffic through Hormuz fell more than 90%.
- 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.
709 Articles
709 Articles
President Donald Trump warns of ‘economic D-Day’ against Iran, but Tehran is well acquainted with sanctions
Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an “economic D-Day” against a country that has so far withstood nearly five decades of punishing American sanctions.
The Latest: Trump warns of ‘economic D-Day’ against Iran days before 6-month mark of war
Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an “economic D-Day” against a country that has so far withstood nearly five decades of punishing American sanctions.
Trump's Latest Tactic on Iran: an 'Economic D-Day'
President Trump is dialing up the rhetoric against Iran, though he seems to be signaling he doesn't want to fire another shot. After weeks of airstrikes earlier this year and repeated threats to resume them, Trump is now touting an "economic D-Day" and "economic warfare and isolation on an unprecedented...
Trump Threatens ‘Tremendous’ Economic Consequences For Iran Allies
AdMedia / MEGAAdMedia / MEGA US President Donald Trump has issued a stark warning to countries supporting Iran amid the ongoing war. The commander in chief promised to impose “economic consequences” on anyone doing so, although he did not provide details about what those measures would entail. The threat was dismissed by Iran’s Foreign Minister, Abbas Araghchi, as an attempt to divert attention from the US’s own crisis. Trump Warns Iran Supporte…
The Dallas Express News
wbap.comTrump Bets On Sanctions To Force Iran’s Hand After Diplomacy Stalls
President Donald Trump is shifting toward a strategy of sustained economic pressure against Iran as diplomatic efforts remain stalled, betting that intensified sanctions and restrictions on Iranian trade will eventually force Tehran to accept U.S. demands. The change comes as the conflict enters its sixth month, with oil prices rising, the Strait of Hormuz heavily disrupted, and U.S. borrowing costs reaching their highest levels in nearly two de…
Trump Warns of ‘Economic D-Day’ Against Iran, but Tehran Is Well Acquainted With Sanctions
NEW YORK (AP) — Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an “economic D-Day” against a country that has so far withstood nearly five decades of punishing American sanctions. With sparse details, President Donald Trump announced this week that the U.S. would be imposing an “unprecedented” level of economi…
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