Lacking a Military Solution Against Iran, Trump Turns to Economic Suffocation
13 Articles
13 Articles
US finance minister Scott Bessent announced on Monday that Iran would "suffocation of the economy." Sanctions are now to be met by foreign business partners, including gold, technology and aviation. However, according to Tehran, this economic pressure is "ineffective." "With their economic pressure, the US will achieve nothing at this stage, just as they did nothing during the war," said Iran's President Masoud Pezeshkian on Wednesday. His count…
(Seoul = Yonhap News) Reporter Kwak Min-seo = Concerns are being raised that the Iranian leadership may resort to military action again as the country's economic crisis worsens, as reported on the 25th (local time...
The confrontation between the United States and Iran is now intensifying on the economic front. On August 24, Washington unveiled details of a new series of sanctions targeting Tehran. The US administration is implementing what Donald Trump described as "the most crushing economic operation ever undertaken." Tehran, for its part, is maintaining pressure on the Strait of Hormuz, a strategic waterway for the global economy. But the military dimens…
Washington. U.S. Treasury Secretary Scott Bessent presented yesterday plans to achieve Iran’s “economic asphyxiation” and threatened to impose strong sanctions on countries that refuse to break their economic ties with the Islamic Republic, including China, in its new offensive, to which Tehran reversed the “other defeat” for Washington.
Lacking a military solution against Iran, Trump turns to economic suffocation
As midterm elections approach, the Trump administration is favoring economic pressure over military involvement, with Treasury Secretary Scott Bessent announcing Monday some 60 new Iranian entities, individuals and ships have been added to the sanctions list. Tehran in turn denounced 'economic terrorism.'
The U.S. Treasury Secretary announced sanctions against five sectors in Iran and threatened to expand measures against those who financially support Tehran.
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