President Donald Trump declared on Truth Social that any nation aiding Iran will incur "TREMENDOUS Economic Consequences." He wrote in all capital letters that he was launching "the astir crushing economical cognition ever taken against immoderate country!" and gave no further details, nor did he name another nation.
The announcement follows the expiration of a 60‑day ceasefire with Iran on Monday, with no diplomatic or military off‑ramp evident for the conflict that the United States and Israel began at the end of February.
Trump’s statement widens the scope of Operation Economic Fury, which was launched in April to target overseas banks and firms that do business with Tehran.
In a Wednesday evening social‑media post he described the move as an "economic D‑Day," saying Iran had failed to reach a deal with the United States. He then stated, "ANY state that allows its fiscal institutions, businesses, airports, or authorities entities to supply any kind of lifeline to Iran will itself look TREMENDOUS Economic Consequences," Trump said, without specifying what punishment those countries would face.
He added, "Oil smuggling, swap lines, currency transfers, speech houses, vessel registries, forward companies - It each needs to halt NOW. You know who you are."
The comments came a day after the United Arab Emirates, a US ally, announced it would sever all financial and economic ties with Iran following a recent rocket threat from the country. The UAE’s defence ministry said it had detected two ballistic missiles launched from Iran targeting maritime traffic, some of which landed in the sea.
Iranian entities have long used Dubai’s financial system to move money through exchange houses and ammunition companies.
After the UAE’s decision, Iran’s armed forces warned neighbouring Gulf states against providing support to the US military, saying any assistance to US forces would be considered collusion.
Trump’s remarks come roughly a week after Treasury Secretary Scott Bessent said the US would impose economic isolation on Iran "like the satellite has never seen before."
The BBC has sought comment from the White House and the Treasury Department.
Earlier in the week Trump reportedly threatened to "weaponry" Oman—a US state—if it obstructs his administration’s talks with Iran, during a telephone interview with a Fox News reporter.
The US and Oman have been negotiating separately with Tehran to reopen the Strait of Hormuz, a waterway vital to the global economy, which has remained largely closed for about six months during the US‑Iran conflict.
Sincity Press Staff
1 hour ago 3 min read
2 
English (US)·