{"id":2885,"date":"2026-08-20T03:57:46","date_gmt":"2026-08-20T03:57:46","guid":{"rendered":"https:\/\/valutednews.com\/?p=2885"},"modified":"2026-08-20T03:57:46","modified_gmt":"2026-08-20T03:57:46","slug":"tremendous-consequences-trump-threatens-economic-punishment-on-any-country-helping-iran-world","status":"publish","type":"post","link":"https:\/\/valutednews.com\/?p=2885","title":{"rendered":"‘Tremendous consequences’: Trump threatens economic punishment on ‘any country’ helping Iran – World"},"content":{"rendered":"
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United States President Donald Trump said on Wednesday he was launching a major new campaign to target Iran\u2019s economy, threatening \u201ctremendous\u201d punishment on any country that helps or does business with the country.<\/p>\n

The intensified economic pressure campaign comes as the war nears its sixth month with no immediate diplomatic or military off-ramp in sight and the vital Strait of Hormuz still significantly choked-off.<\/p>\n

With November elections quickly approaching, Trump is also facing renewed domestic scrutiny over the war\u2019s costs on US consumers and toll on the military.<\/p>\n

\u201cToday, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare and Isolation on an unprecedented scale,\u201d Trump wrote on Truth Social.<\/p>\n

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\u201cANY 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,\u201d he said.<\/p>\n

He did not specify what punishment countries would face, and none other than Iran were mentioned by name.<\/p>\n

He listed several activities that he said need to stop immediately: \u201coil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies\u201d.<\/p>\n

Treasury Secretary Scott Bessent had similarly said <\/a>last week that the US would soon be ramping up efforts at economically isolating Iran, as part of a two-pronged approach with a US naval blockade.<\/p>\n

\u201cIt will be a combination of economic isolation, like the world has never seen before,\u201d Bessent told conservative television network Newsmax<\/em>.<\/p>\n

The US Treasury has for months been carrying out an effort, dubbed Operation Economic Fury, aiming to cut off Iran\u2019s funding with targeted sanctions.<\/p>\n

Iranian defiance<\/h2>\n

Iran has struck a defiant tone, having survived months of US military operations that failed to bring a decisive end to the war and has \u2014 according to US media reports \u2014 severely drawn down US munition stockpiles. The Pentagon has denied these reports.<\/p>\n

The conflict broke out on February 28 with US-Israeli attacks on Iran, which retaliated with missile and drone strikes across the region.<\/p>\n

Tehran\u2019s missile and drone threat has severely curtailed shipping traffic through the Strait, as a framework US-Iran deal to reopen it collapsed.<\/p>\n

However, Trump earlier on Wednesday touted US military efforts to aid ships out of the strait, saying \u201cright now, a lot of boats are coming through\u201d.<\/p>\n

Digital media outlet Axios<\/em> reported that US forces were facilitating the transit of 15 to 20 ships in and out of the Hormuz each night in recent weeks \u2014 carrying \u201croughly half the pre-war volume\u201d of daily oil shipments.<\/p>\n

In recent days, both sides have said messages were being exchanged, however Trump on Tuesday insisted talks were off and posted a message<\/a> on social media suggesting the strait could be a \u201cNEW US Territory\u201d.<\/p>\n

On Tuesday, the United Arab Emirates (UAE) announced that it was suspending <\/a>all economic dealings with Iran after saying it had been targeted by two ballistic missiles.<\/p>\n

The neighbours across the Gulf share deep cultural and historical ties, and the UAE \u2014 home to a sizable Iranian community \u2014 had been a major trading partner for US-sanctioned Iran, at least before the war.<\/p>\n

\u201cWe need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat,\u201d Trump said Wednesday on Truth Social.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

United States President Donald Trump said on Wednesday he was launching a major new campaign to target Iran\u2019s economy, threatening \u201ctremendous\u201d punishment on any country that helps or does business with the country. The intensified economic pressure campaign comes as the war nears its sixth month with no immediate diplomatic or military off-ramp in sight…<\/p>\n","protected":false},"author":1,"featured_media":2886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[21],"tags":[4713,1168,268,2720,126,4714,3188,4712,289,40],"class_list":["post-2885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news","tag-consequences","tag-country","tag-economic","tag-helping","tag-iran","tag-punishment","tag-threatens","tag-tremendous","tag-trump","tag-world"],"_links":{"self":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts\/2885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2885"}],"version-history":[{"count":0,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts\/2885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/media\/2886"}],"wp:attachment":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}