Trump Announces Major Economic Campaign To Isolate Iran

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US President Donald Trump has announced a major economic campaign to isolate Iran, threatening severe consequences for countries and businesses that support Tehran. The measures target oil smuggling, financial transfers, shipping networks and front companies. Trump also claimed Iran's military has been badly weakened and reiterated that Iran must never obtain a nuclear weapon.

US President Donald Trump has announced a sweeping new economic campaign against Iran, threatening severe consequences for countries, companies and financial institutions that continue to provide support to Tehran.
Trump described the measures as the “most crushing economic operation” ever imposed against a country, saying the United States would seek to cut off financial and commercial channels supporting Iran.

US TARGETS IRAN'S ECONOMIC NETWORK

Trump said Washington would target activities including oil smuggling, financial transfers, exchange houses, ship registries and front companies that help Iran maintain access to international markets.
He also warned that countries allowing their financial institutions, businesses, airports or government agencies to provide what he called a “lifeline” to Iran could face significant economic consequences.
The announcement represents a major escalation in Washington's pressure campaign against Tehran.

TRUMP CLAIMS IRAN'S MILITARY HAS BEEN WEAKENED

Trump also claimed that Iran's military capabilities had suffered severe damage.
He said Iran's navy and air force had been destroyed and that military production facilities had been heavily damaged.
The US president also described Iran's currency as effectively worthless and said the country's economy was under extreme pressure.
Iran has not accepted Trump's assessment of its military or economic situation.

CALL FOR ALLIES TO JOIN THE CAMPAIGN

Trump urged US allies to support Washington's efforts to isolate Iran.
He called the campaign an “Economic D-Day” and said international cooperation would be necessary to prevent Iran from accessing financial and commercial channels.
The announcement could put additional pressure on countries and businesses that maintain economic relationships with Tehran, particularly those involved in energy, shipping and international finance.

NUCLEAR PROGRAMME REMAINS A KEY ISSUE

Trump again highlighted Iran's nuclear programme, repeating the US position that Tehran must not acquire a nuclear weapon.
“Iran will never have a nuclear weapon,” he said.
The latest announcement comes amid continuing tensions between Washington and Tehran, with the United States seeking to use economic pressure to force Iran to change its policies.
The impact of the new measures will depend largely on how widely other countries cooperate with Washington and how effectively Iran can adapt its trade and financial networks.