Iran War News LIVE Updates: US President Donald Trump announced on Wednesday the “most crushing economic operation ever taken” against a country. His statement came as Iran reels under immense economic pressure due to the ongoing war with the US in West Asia. He also announced “Economic Consequences” against countries which supported Iran.
Trump said he took the action after Iran failed to make a deal with the US to end the months-long war. He posted on TRUTH Social, “No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me. TRAGICALLY, for them, they have failed to take it.”
“Therefore, today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare and Isolation on an unprecedented scale,” Trump said.
He added, “Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread.”
The US President also announced that “any country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences.”
“Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW. You know who you are. This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat. These maniacs are on the ropes, and these HISTORIC MEASURES will cripple them and their ability to project terror worldwide. IRAN WILL NEVER HAVE A NUCLEAR WEAPON,” he added.
Iran’s attack on Europe
Meanwhile, as reports emerged about Iran considering attacks on US targets in Europe, NATO said it is prepared to address any threat and would take necessary action to defend all its members, Reuters reported on Wednesday, citing an alliance official.
Iran has reportedly considered attacking military targets in Europe if US President Donald Trump escalates the war.
Stay tuned to this LIVE blog for all the latest Iran war news:
Key Events
Iran War News LIVE Updates: Iran warns Gulf countries against helping US after UAE cuts trade ties
Iran’s armed forces warned Gulf countries against assisting the US military on Wednesday, hours after the United Arab Emirates announced it was severing economic ties with Tehran following new attacks on shipping, according to news agency AFP.
Iran War News LIVE Updates: Trump threatens economic punishment on ‘any country’ helping Iran
US President Donald Trump said Wednesday he was launching a major new campaign to target Iran’s economy, threatening “tremendous” punishment on any country that helps or does business with the Islamic republic.
The intensified economic pressure campaign comes as the war nears its sixth month with no immediate diplomatic or military off-ramp in sight. Trump is also facing renewed domestic political scrutiny over the war with November elections quickly approaching.
Iran War News LIVE Updates: Trump announces ‘most crushing economic operation ever’ against Iran — Full Remarks
US President Donald Trump said on Wednesday the US has launched “most crushing economic operation ever taken” against a country. He also announced “Economic Consequences” against countries which supported Iran. Read full statement here
About the Author
Akriti Anand is a Deputy Chief Content Producer at LiveMint. She is a digital journalist with more than six years in the news industry.<br><br>
In her current role, she covers both national and international politics, and also keeps a close watch on the latest trends in science and space exploration.
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Akriti joined the LiveMint team in October 2023. Before this, she built a strong career at other major media houses. She worked as a senior sub-editor at India Today. Later, she moved to CNBCTV-18. There, she covered high-pressure topics like breaking news and major elections. She spent much of her time analysing Parliament bills and complex political debates. She is also a skilled editor who knows how to polish a story for a digital audience.
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One of her career highlights happened at CNBCTV-18. She made her first television debut during the Chandrayaan-3 mission. She also provided special on-air coverage for the Karnataka Elections.
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When she is not busy with breaking news, Akriti loves to write explainers and interview experts on a wide range of issues. She also enjoys making complex space missions easy for everyone to understand.
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Her education helps her tackle these diverse subjects. She holds a BA in English Literature, a Postgraduate Diploma in Mass Communication, and a Master’s degree in Development Studies. She is currently expanding her knowledge in climate journalism.<br><br>
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