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Trump announces ‘most crushing economic operation ever’ against Iran

From Al Jazeera · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • U.S. President Donald Trump announced unprecedented "crushing economic operation" against Iran.
  • Trump stated that any country trading with Iran will face severe economic consequences.
  • He described the action as an "ECONOMIC D-DAY" and urged allies to join the U.S. in isolating Iran.

President Donald Trump has declared the launch of what he termed the "most crushing economic operation ever taken against any country" targeting Iran, as diplomatic efforts to resolve the ongoing conflict remain stalled.

most crushing economic operation ever taken against any country

— Donald TrumpDescribing the new economic measures against Iran.

In a post on his Truth Social platform, Trump asserted that Iran had squandered its chance to negotiate a deal. He vowed to impose "economic warfare and isolation on an unprecedented scale," signaling a significant escalation in U.S. pressure on the nation.

failed to take the opportunity to make a deal, and will be finished with economic warfare and isolation on an unprecedented scale

— Donald TrumpStating Iran's missed opportunity for a deal and the consequences.

Furthermore, Trump extended the sanctions threat to any nation engaging in commerce with Iran. He explicitly warned that countries allowing their financial institutions, businesses, airports, or government entities to support Iran in any way would face "TREMENDOUS Economic Consequences." He listed activities such as oil smuggling, cash transfers, and front companies, demanding they cease immediately.

ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences.

— Donald TrumpWarning other countries about trading with Iran.

Trump characterized the operation as an "ECONOMIC D-DAY," imploring U.S. allies to unite in isolating and defeating the "Iran threat." He claimed Iran was already weakened and that these "historic measures" would effectively "cripple" the country, signaling a potentially severe impact on Iran's economy and its international trade relations.

Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies, It all needs to stop NOW. You know who you are. This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat

— Donald TrumpDetailing the scope of the economic pressure and calling for allied support.
DistantNews Editorial

Originally published by Al Jazeera. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.