U.S. President Donald Trump
| Photograph Credit score: AP
US President Donald Trump stated on Wednesday (August 19, 2026) he was launching a significant new marketing campaign to focus on Iran’s financial system, threatening “large” punishment on any nation that helps or does enterprise with the West Asian nation.
The intensified financial stress marketing campaign comes because the battle nears its sixth month with no immediate diplomatic or military off-ramp in sight.
Mr. Trump can also be going through renewed home political scrutiny over the battle with November elections rapidly approaching.
“Right now, I’m saying the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will probably be Financial Warfare and Isolation on an unprecedented scale,” Mr. Trump wrote on Fact Social.
“I’m additionally saying that ANY nation that enables its monetary establishments, companies, airports, or authorities entities to offer any sort of lifeline to Iran will itself face TREMENDOUS Financial Penalties,” he stated.
He didn’t specify what punishment international locations would face, and none apart from Iran have been talked about by title.
The president’s feedback come practically per week after Treasury Secretary Scott Bessent stated the US would impose economic isolation on the country “just like the world has by no means seen earlier than.”
Regardless of a current lull in missile strikes, Iran has continued to impose an efficient blockade on delivery via the Strait of Hormuz, after a body US-Iran deal to reopen the important hall collapsed.
In current days, either side have stated messages have been being exchanged, nevertheless Mr. Trump on Tuesday insisted talks have been off and posted a message on social media suggesting the strait could possibly be a “NEW U.S. Territory.”
Printed – August 20, 2026 06:46 am IST
