"Economic D-Day": Trump Announces "Most Crushing Economic Operation Ever" Against Iran
by Tyler Durden
Thursday, Aug 20, 2026 - 06:25 AM
Summary:
Trump's Economic War against Iran Begins
Trump says "severe economic consequences" for any country that does businesses with Tehran
Trump says "ECONOMIC D-DAY" begins against Iran
UAE Cuts Ties As Iran Warns Gulf States Against Helping Washington; Kpler Says US Navy Gaining Ground In Hormuz
"ECONOMIC D-DAY"
President Trump is out with a Truth Social post describing today as "ECONOMIC D-DAY" against Iran, declaring that his total economic war against Tehran will be the "MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY."
Trump said that with Tehran's military and military-industrial base reduced to "now rubble" and its "currency worthless," he will unleash severe economic consequences against "ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran."
Here's the full Truth Social post:
Last week, Derek Holt, head of Capital Markets Economics at Scotiabank in Toronto, offered clients a preview of what the campaign to economically isolate Iran could look like (view here), including the potential targeting of China. Notably, much of Iran's crude exports flow to Chinese buyers.
https://www.zerohedge.com/geopolitical/uae-cuts-ties-iran-warns-gulf-states-against-helping-washington-kpler-says-us-navy
