ECONOMIC D-DAY: Trump Unleashes “Most Crushing Economic Operation Ever” to Break Iran

Truth Social: President Trump on Wednesday night: No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me. TRAGICALLY, for them, they have failed to take it. Therefore, 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. Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread. Today, I am also announcing that 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. Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW. You know who you are. This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat. These maniacs are on the ropes, and these HISTORIC MEASURES will cripple them and their ability to project terror worldwide. IRAN WILL NEVER HAVE A NUCLEAR WEAPON.

New Arab: Dubai has a long history of doing business with everyone—including about $30 billion of annual trade with Iran.

Wall Street Journal: The administration has been pressuring UAE to cooperate in pressuring the mullahs. How much will they help? Wall Street Journal: The United Arab Emirates said late Tuesday that it has suspended financial and economic transactions with Iran, potentially threatening Tehran’s access to a major source of imports and a financial back door to the world. The move follows weeks of Trump administration cajoling of the U.A.E. to crack down on Iranian financial networks operating in the country, telling Emirati officials that targeting money flows linked to Iran’s Islamic Revolutionary Guard Corps could have a greater impact on Tehran than the U.S. naval blockade of Iranian ports, according to people familiar with the matter…. Emirati officials see the latest measures as part of a gradual escalation rather than a wholesale break with Tehran, the people familiar with the matter said. The U.A.E. is expected to move step by step, beginning with new restrictions on cargo and potentially expanding to a broader crackdown on Iranian-linked entities if the Revolutionary Guard continues its strikes. The approach reflects the U.A.E.’s preference for testing what works while preserving room to adjust…. To squeeze Iran harder, it needs the U.A.E. to join in. The Emirates sits just across the Persian Gulf and has deep commercial, historical and cultural links with its larger neighbor, even though the two governments have frequently been at odds.

AUTHOR

Pamela Geller

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