With negotiations at an impasse, Trump declares an economic offensive on Iran

US-Iran talks collapse

According to ХВИЛЯ: The dialogue between Washington and Tehran has reached a stalemate, pushing President Donald Trump to order a broad economic action against the Iranian capital. In a statement posted on Truth Social, he described the move as the harshest financial campaign ever waged against any nation. He said firms, banks, and government-linked entities providing backing to Iran would be hit. This latest escalation is being closely watched by international observers.

Targeted sectors

Trump listed a number of activities to be shut down, including:

• oil smuggling
• swap lines
• money transfers
• exchange offices
• ship registries
• shell companies

He went on to say:

“This will be economic warfare and isolation on an unprecedented scale.” – Donald Trump

However, Trump did not identify any countries as violators or specify punitive measures.

Iran's Fars news agency dismissed the remarks as part of psychological warfare and a propaganda campaign. The standoff between the two nations has lasted nearly half a year. The standoff continues to draw international attention.

“No one ever offered the Islamic Republic of Iran a better chance to make a deal than I did. Unfortunately for them, they didn't take it.” – Donald Trump

In related developments, there were earlier reports about the price Iran set for Trump to reopen the Strait of Hormuz, as well as the collapse of the truce with Tehran.

Tensions persist over Iran's nuclear program and sanctions, with both sides still seeking compromise. Trump's latest statements indicate Washington is prepared to ramp up pressure on Tehran, potentially fueling new conflict. Amid worldwide economic difficulties, such an escalation could reverberate beyond the bilateral relationship and unsettle the broader region.