US President Donald Trump on Wednesday declared “ECONOMIC D-DAY” against Iran, warning that any country doing business with the Islamic Republic will 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,” Trump wrote in a Truth Social Post. “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.”

On Tuesday, Trump declared that he was not interested in talks with Iran, but by Wednesday, he said he was open to resuming them.

“Therefore, today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!” Trump said.

The US president has made countless threats of devastating force and economic sanctions against Iran, only to walk those back, while claiming progress in negotiations toward a diplomatic agreement.

This time, Trump insisted, it “will be economic warfare and isolation on an unprecedented scale.”

“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,” he said. “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,” he writes, without describing what the measures actually are. “IRAN WILL NEVER HAVE A NUCLEAR WEAPON.”

The intensified economic pressure campaign comes as the war nears its sixth month with no........

© The Times of Israel