President Donald Trump Vows to Impose Crushing Economic Operation Against Iran
The administration announced that the United States will exert increased financial pressure on Iran as the war remains at an impasse. President Donald Trump described the upcoming economic operation as the "most crushing" yet, warning that any country providing a lifeline to Tehran will face tremendous economic consequences. In response, Iran has issued a warning to global partners, stating that any nation joining the US economic war will be regarded as an enemy and face seismic retaliation. China and Iran have both pushed back against the threat, with China suggesting that sanctions are not the best solution and urging for negotiation. While the war has impacted shipping through the Strait of Hormuz, the US Navy is gaining ground. President Donald Trump also addressed domestic issues, noting that gas prices will soon decrease despite the current war being a "little detour." He blamed inflation for current prices and promised that the administration will continue to exert pressure on the user-friendly shipping channels to ensure oil flows.
Sources
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Iran says new sanctions threatened by 'desperate' US will fail
Reuters
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Iran to meet with Pakistani mediator after Trump levels new sanctions
Fox News
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Iran Warns Gulf States Not to Join Trump’s Economic War
The New York Times
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August 22, 2026 — Iran military leader vows Tehran ‘will not submit’ as US plans economic squeeze
CNN
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Can Iran retaliate against countries that join US ‘economic war’?
Al Jazeera