US President Trump announces 'most crushing economic operation ever' against Iran
This digest was compiled by AI from multiple sources — links to the originals are below.
US President Donald Trump announced on Wednesday in a Truth Social post what he called the 'most crushing economic operation ever taken against any country' against Iran. He warned any country allowing financial institutions, businesses, airports or government entities to provide a lifeline to Iran would face 'tremendous economic consequences'. The announcement comes while US-Iran talks remain deadlocked after more than five months of conflict.
Key Facts
- Trump's Wednesday Truth Social post said Iran had 'failed to take' the opportunity to make a deal and would face 'economic warfare and isolation on an unprecedented scale'.
- The sanctions threat covers oil smuggling, swap lines, cash transfers, exchange houses, ship registries and front companies.
- The US has waged an economic pressure campaign against Iran since April under Operation Economic Fury, with sanctions on oil, shipping and financial sectors and a naval blockade on Iranian ports.
- Trump claimed Iran's navy has been destroyed, its air force wiped out, its military factories in rubble, and its currency worthless.
- Trump told journalists the US has 'very draconian sanctions' available if no deal is reached.
The Announcement
US President Donald Trump announced on Wednesday in a Truth Social post what he called the 'most crushing economic operation ever taken against any country' against Iran. He said Iran had 'failed to take' the opportunity to make a deal and would face 'economic warfare and isolation on an unprecedented scale.' Trump also claimed no one had given Iran a bigger deal opportunity than he had.
Third-Party Sanctions Threat
Trump threatened 'tremendous economic consequences' for any country allowing its financial institutions, businesses, airports or government entities to provide any type of lifeline to Iran. He cited oil smuggling, swap lines, cash transfers, exchange houses, ship registries and front companies as practices that must stop immediately. Trump said the operation would be an 'ECONOMIC D-DAY' and called on US allies to stand with the United States to isolate and defeat the Iran threat.
Operation Economic Fury
The announcement follows a US pressure campaign against Iran since April under Operation Economic Fury, aimed at isolating Tehran and blocking revenue streams. The US has already imposed sweeping sanctions on Iran's oil, shipping and financial sectors and a naval blockade on Iranian ports. Trump claimed Iran's navy has been destroyed, its air force wiped out, its military factories in rubble, and its currency worthless. Trump told journalists the US has 'very draconian sanctions' available if no deal is reached.
7 sources
US President Trump announces 'most crushing economic operation ever' against Iran
