Frozen copy retrieved 2026-08-21T08:03:00Z for audit 2026-08-21T08-10-43Z. Original URL: https://www-pp.afp.com/en/trump-vows-tremendous-economic-costs-iran-partners. The Stochastic Parrot does not host or redistribute; this snapshot exists solely so that quoted spans remain verifiable if the original page changes. Character offsets below index into this plain text; highlighted spans are the quotes cited in the audit.

Trump vows 'tremendous' economic costs on Iran partners

AFP · back to the audit

US President Donald Trump said Wednesday he was launching a major new campaign to target Iran's economy, threatening "tremendous" punishment on any country that helps or does business with the Islamic republic.
"Today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare and Isolation on an unprecedented scale"
"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 listed several activities that he said need to stop immediately: 'oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies.'
"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."
"In recent days, both sides have said messages were being exchanged, however Trump on Tuesday insisted talks were off and posted a message on social media suggesting the strait could be a 'NEW U.S. Territory.'"
"Axios reported that US forces were facilitating the transit of 15 to 20 ships in and out of the Hormuz each night in recent weeks -- carrying 'roughly half the pre-war volume' of daily oil shipments."