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US Targets Iran with Economic War | Edmonton News

US Targets Iran with Economic War | Edmonton News

Published 1 week, 3 days ago
Description

The U.S. is unleashing its most aggressive economic war against Iran yet, aiming to isolate and topple the regime without military escalation—Treasury Secretary Scott Bessent calls it the greatest coordinated economic isolation in history. President Trump vows “crushing” sanctions targeting oil smuggling, cash transfers, and front companies, while deploying a new aircraft carrier group to the Middle East. Iran dismisses the moves as “economic terrorism,” blaming U.S. debt woes, as talks stall and the conflict nears a six-month stalemate—with Iran holding partial control of the Strait of Hormuz and China quietly fueling Tehran’s economy via shadow tankers. The message is clear: allies and rivals must pick sides—or face consequences.

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