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U.S. President Donald Trump announced the start of a fierce "economic war" against Iran, threatening to impose severe financial sanctions on any country or entity helping Tehran bypass American sanctions. He also threatened destructive measures against Iran's military and economic facilities, and the cancellation of any channels that aid in oil smuggling or Tehran's financing, affirming that the Iranian regime "is now in a fragile position." This escalation comes after Iran failed to reach an agreement with Washington and as tensions worsened following the UAE's announcement of suspending dealings with Tehran due to Iran launching two ballistic missiles towards it. Iran responded to the American escalation by accusing Washington of tightening sanctions, though the U.S. showed flexibility in negotiations amid fears that these tensions could escalate into broader confrontations.
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