US President Donald Trump said that Iran was facing "the most devastating economic operation ever carried out against any country," and also threatened consequences for the countryʼs allies.
He wrote about this in his Truth Social.
According to him, this will be an economic war and isolation of "unprecedented scale", as Iran has still not seized the chance to conclude a peace agreement with the United States.
In addition, the US president added that any country that allows its financial institutions, businesses, airports, or government agencies to provide support to Iran will face "tremendous economic consequences".
Trump emphasized: oil smuggling, currency swap lines, money transfers, exchange offices, ship registries, shell companies — all of this must stop immediately.
"This will be an economic D-Day, and we need all our allies to stand with the United States to isolate and defeat the Iranian threat. These madmen are already on the verge of defeat, and such historic measures will destroy them and their ability to spread terror around the world. Iran will never have a nuclear weapon," Trump wrote, once again declaring that Iran will never obtain a nuclear weapon.
What preceded
On June 18, the US and Iran signed a memorandum of understanding committing to a 60-day ceasefire. But on July 8, the sides exchanged blows again, with Iran striking ships in the Strait of Hormuz and the US striking targets on Iranian territory.
Then US President Donald Trump declared that the memorandum of understanding was no longer in effect. Already on July 10, he reported that Iran had asked to continue peace talks. According to him, the US agreed, but emphasized that the truce was over.
On July 24, Trump announced the suspension of strikes on Iranian targets. The WSJ wrote that this may be due to a shortage of American air defense missiles. Before that, the United States had been striking Iran daily for almost two weeks, and Tehran said it was suspending operations in response because its strategy consisted only of “mirror actions”.
On July 27, Trump told Axios that Washington and Tehran were in “very deep talks”. At the same time, he warned that if diplomacy did not work, the United States would again resort to harsh military action. On the night of July 30, after a pause of almost a week, the US military launched a series of strikes on Iran.
But on August 17, Al Arabiya wrote that Iran and the US had nevertheless agreed to extend the 60-day ceasefire.
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