Iranian Foreign Minister Abbas Araqchi said on Thursday (August 20) that the U.S. "Economic D-Day" against Iran was a diversion from America's economic problems and warned that further pressure would fail.
Earlier, U.S. President Donald Trump announced what he called the "most crushing economic operation" ever taken against a country, targeting Iran with economic warfare and isolation.
Trump also warned of economic consequences against any country that provided "any type of lifeline to Iran" as the U.S. looks to resolve a war it began alongside Israel nearly six months ago.
Thousands have been killed in the war, which quickly drew in Gulf nations and shocked global markets as Iran flexed its ability to curb shipping through the Strait of Hormuz, which carried about a fifth of the world's traded oil before February.
The U.S. and Iran have twice announced ceasefire deals, in April and June, aiming to restore the free flow of shipping through Hormuz on a path towards ending the conflict, but both quickly crumbled even as Israel has largely withdrawn from the fighting.
Posted by: AAngeles/NET25 News
