1 week ago

Trump Warns Iran of Economic D-Day as Sanctions Escalate

Trump Warns Iran of Economic D-Day as Sanctions Escalate
Trump Warns Iran of 'Economic D-Day', Tehran Braces for Sanctions · deccanchronicle.com

President Donald Trump wants to put much more economic pressure on Iran.

He says the plan could make Iran stop its nuclear program and reopen the Strait of Hormuz.

That waterway is important for ships carrying oil and natural gas.

The United States may punish other countries and companies that keep doing business with Iran.

China and India are mentioned as major buyers of Iranian oil.

Supporters believe military action, sanctions and a naval blockade have made Iran especially vulnerable.

Iranian officials say sanctions have failed to force Iran to give in over many years.

Some experts say pressure without a diplomatic way forward could make Iran resist even more.

Key facts

Campaign name
The next phase is described as Operation Economic Fury.
Possible targets
Countries and companies that continue doing business with Iran could face secondary sanctions.
Major oil buyers
China and India are identified as major buyers of Iranian oil.
Iran’s trading partner
The United Arab Emirates suspended trade with Iran over an alleged missile attack, according to the articles.
Existing sanctions
Nearly all of Iran’s energy, financial and transportation sectors are already covered by U.S. sanctions.
U.S. demands
The administration wants Iran to end its nuclear program and fully reopen the Strait of Hormuz.
Policy precedent
The campaign expands the Trump administration’s first-term maximum-pressure strategy and adds military action.

Quotes

Richard Goldberg

Former Trump administration Iran policy official and fellow at the Foundation for Defense of Democracies

“If you insist on doing business with them, then the US Treasury and US government will put its full might and force against you. It's time for our allies and the rest of the world to make a decision.”
deccanchronicle.com NDTV
“I think we're watching a strategy, whether it takes a short time or a long time, that is very much about fundamentally changing the future of the world by seeing the end of this regime.”
deccanchronicle.com NDTV

Ali Vaez

Iran director at the International Crisis Group

“They believe that even if they capitulate to US terms under economic duress, Trump would move the goalposts and ask for more. And this is really the fundamental problem: Pressure without an open door is an exercise in futility.”
deccanchronicle.com NDTV

Sources

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