ghazi52
THINK TANK: CONSULTANT
“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,” he said.
He did not specify what punishment countries would face, and none other than Iran were mentioned by name.
He listed several activities that he said need to stop immediately: “oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies”.
Treasury Secretary Scott Bessent had similarly said last week that the US would soon be ramping up efforts at economically isolating Iran, as part of a two-pronged approach with a US naval blockade.
“It will be a combination of economic isolation, like the world has never seen before,” Bessent told conservative television network Newsmax.
The US Treasury has for months been carrying out an effort, dubbed Operation Economic Fury, aiming to cut off Iran’s funding with targeted sanctions.
Meanwhile, Iranian Foreign Minister Abbas Araghchi said on Thursday that the US “Economic D-Day” against Iran was a diversion from America’s economic problems and warned that further pressure would fail.
“Doubling down on failed policies will only bring further defeat—and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide,” he said.
He did not specify what punishment countries would face, and none other than Iran were mentioned by name.
He listed several activities that he said need to stop immediately: “oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies”.
Treasury Secretary Scott Bessent had similarly said last week that the US would soon be ramping up efforts at economically isolating Iran, as part of a two-pronged approach with a US naval blockade.
“It will be a combination of economic isolation, like the world has never seen before,” Bessent told conservative television network Newsmax.
The US Treasury has for months been carrying out an effort, dubbed Operation Economic Fury, aiming to cut off Iran’s funding with targeted sanctions.
Meanwhile, Iranian Foreign Minister Abbas Araghchi said on Thursday that the US “Economic D-Day” against Iran was a diversion from America’s economic problems and warned that further pressure would fail.
“Doubling down on failed policies will only bring further defeat—and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide,” he said.
