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Trump Threatens Countries Dealing With Iran With Severe Economic Consequences
๐Ÿ‡ฑ๐Ÿ‡น Lithuania /Economy & Trade

Trump Threatens Countries Dealing With Iran With Severe Economic Consequences

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Donald Trump threatened countries maintaining relations with Iran with severe economic consequences.
  • The threat comes as the war enters its sixth month with no clear diplomatic or military resolution.
  • Trump announced a "crushing economic operation" and "economic war and isolation" against any nation aiding Iran.

President Donald Trump has escalated his economic pressure campaign against Iran, threatening severe repercussions for any nation that continues to engage with Tehran. The announcement comes as the conflict nears its sixth month, with no apparent diplomatic or military endgame in sight and the vital Strait of Hormuz remaining under threat.

Trump declared on his Truth Social platform that the United States is initiating "the most crushing economic operation that has ever been taken against any country." He warned that any nation allowing its financial institutions, companies, or government entities to provide any lifeline to Iran would face "enormous economic consequences." While he did not specify the exact penalties, he singled out Iran as the target and listed several areas of activity that must cease immediately, including oil smuggling, exchange lines, cash transfers, currency exchanges, ship registries, and shell companies.

This will be an economic war and isolation of unprecedented scale!

โ€” Donald TrumpAnnouncing new sanctions against Iran on Truth Social.

This move aligns with broader U.S. efforts to isolate Iran economically. Treasury Secretary Scott Bessent stated last week that the U.S. would intensify its economic isolation of Iran, describing it as a "combination of economic isolation the likes of which the world has never seen." The U.S. Treasury Department has been conducting "Operation Economic Fury" for months, aiming to cut off Iran's funding through targeted sanctions.

Any country that allows its financial institutions, companies, airports, or government entities to throw any lifeline to Iran will itself face enormous economic consequences.

โ€” Donald TrumpWarning countries engaging with Iran on Truth Social.

Despite the intensified pressure, Iran has shown defiance, enduring months of U.S. military operations without a definitive end to the conflict. Reports suggest that U.S. ammunition reserves have been significantly depleted, though the Pentagon denies these claims. The war began on February 28 when the U.S. and Israel attacked the Islamic Republic, which responded with missile and drone strikes across the region. Tehran's actions have severely restricted shipping in the Strait of Hormuz, and a U.S.-Iran agreement to reopen it has collapsed.

Earlier this week, Trump praised U.S. military efforts to facilitate ship traffic through the strait, noting that "many ships are now sailing." News portal Axios reported that U.S. forces have been easing the transit of 15-20 ships daily in and out of the Strait of Hormuz, carrying about half of the pre-war daily oil cargo. Despite recent exchanges of messages, Trump insisted on Tuesday that negotiations are not ongoing, hinting on social media that the strait could become "new U.S. territory."

This will be a combination of economic isolation the likes of which the world has never seen.

โ€” Scott BessentU.S. Treasury Secretary Scott Bessent describing the sanctions to Newsmax.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.