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Economic War Escalates Between U.S. and Iran | Thailand News

Trump declares Iran on the brink, unleashing a new wave of economic warfare as military stalemate persists. Treasury Secretary Bessent announces an “economic D-Day,” threatening global isolation for any nation aiding Tehran and boasting U.S. military degradation of Iran’s capabilities — a claim Iran dismisses as proof of American weakness. The Strait of Hormuz remains central, with Iran’s blockade fueling inflation and straining U.S. politics ahead of elections. While U.S. naval blockades curb Iranian oil exports, Tehran dodges sanctions via shadow networks. Washington warns allies against…

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