Trump announces ‘most crushing economic operation ever’ against Iran | US-Israel war on Iran News
Trump Announces Sweeping Economic Measures Against Iran
August 19, 2026
United States President Donald Trump has declared a comprehensive economic initiative against Iran, describing it as the “most crushing economic operation ever taken against any country.” This announcement comes amid ongoing tensions and stalled negotiations regarding the conflict between the two nations, which has persisted for more than five months.
In a post on Truth Social on Wednesday, Trump stated that Iran has not seized opportunities for a diplomatic resolution and emphasized a shift toward unprecedented economic warfare and isolation.
“The time for negotiation has passed,” he wrote. “Iran will face economic repercussions like never before.”
Trump further indicated that sanctions will extend to countries conducting business with Iran. He warned that any nation that allows its financial institutions, businesses, or governmental entities to engage with Iran will encounter “tremendous economic consequences.”
He specifically addressed various forms of financial support for Iran, including oil smuggling, cash transfers, and the use of front companies, urging for an immediate cessation of such activities. “This will be an economic D-Day,” he stated, calling for international allies to unite in isolating Iran.
The president asserted that Iran is “on the ropes” and expressed confidence that these new measures will significantly impair the Iranian economy.
Further developments on this story are anticipated.
