Trump Threatens Economic Consequences for Countries Supporting Iran
US President Donald Trump has threatened to impose severe economic consequences on countries that provide 'any type of lifeline' to Iran, escalating his campaign against the country.
The warning, made in a social media post, puts China in the crosshairs as it is the primary buyer of Iranian oil exports. Trump stated that any country allowing its financial institutions or businesses to support Iran will face 'tremendous economic consequences.'
This move comes after weeks of military strikes and a US blockade on Iranian oil exports, which has led to a significant decrease in the country's revenue.
Economists have warned that the conflict may drag Iran into one of its worst economic crises in history, with nearly 80% inflation and a currency that has lost almost 30% of its value so far in 2026.