1. Trump announces major economic campaign against Iran

Trump announces major economic campaign against Iran

World

  • US President Trump announced on August 19 a new campaign against Iran’s economy, warning countries that help Tehran could face severe US penalties.
  • He said banks, businesses, airports and government bodies providing Iran any economic lifeline could trigger consequences.
  • Trump did not specify what penalties would be imposed or name any country other than Iran as a specific potential target.
  • The move comes as the Iran conflict nears six months, with shipping through the Strait of Hormuz still heavily disrupted.

Source: ndtv.com

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