US Cracks Down on Iran's Gold, Crypto, and Aviation Industries

The United States has launched a new campaign against Iran, targeting its gold reserves, cryptocurrencies, airlines, and other economic lifelines that have helped Tehran withstand years of sanctions.

The Trump administration's 'Economic D-Day' aims to squeeze the remaining channels Iran uses to trade with the outside world, extending pressure beyond the country's vital oil exports.

Iran's gold reserves have become increasingly important for Iranians trying to shield their savings from a collapsing currency and persistent inflation. The country's central bank has built up its gold reserves by importing more than $1 billion worth of the metal during a four-month period in 2025, mostly from Turkey, the United Arab Emirates, and China.

The cryptocurrency sector is also under scrutiny, with Washington accusing Tehran of using digital assets to bypass restrictions and move funds connected to the Revolutionary Guards. The U.S. has already sanctioned Iranian crypto businesses, including the country's largest cryptocurrency exchange, Nobitex.