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[INTERNATIONAL] · United States, Iran · 5 sources

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Donald Trump announces unprecedented economic warfare against Iran

US President Donald Trump has announced a major new campaign of economic warfare and isolation against Iran, describing it as the ‘most crushing economic operation ever taken against any country’. In a series of statements, including posts on Truth Social, Trump warned that any nation providing a ‘lifeline’ to the Islamic Republic through financial institutions, businesses, airports, or government entities will face ‘tremendous’ economic consequences.

The proposed measures aim to dismantle Iran’s ability to bypass sanctions by targeting oil smuggling, swap lines, cash transfers, exchange houses, ship registries, and front companies. Trump characterized the offensive as an ‘economic D-Day’ and called on US allies to assist in isolating the Iranian regime.

Regarding maritime security, Trump asserted that a US naval blockade in the Strait of Hormuz has been ‘100% successful’ and ‘extremely effective,’ while maintaining that the strait remains open for oil shipments. He noted that increased domestic production in US states like Texas, Alaska, and Louisiana has helped reduce reliance on the key energy route.

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Donald Trump · Iran · Strait of Hormuz · United States

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