Trump warns of economic consequences for any country that supports Iran

Trump warns of economic consequences for any country that supports Iran.

Key points

• Diesel gets massive Rs32.63 cut as petrol cost rises Rs2.97 per litre.
• In a message posted on social media on Wednesday evening, Trump promised "Economic Warfare and Isolation on an unprecedented scale, " although details were scant.
• Fixed Tax Asaan Scheme: App rolled out for tax returns of small traders.
• Iran remains open to dialogue with the US but does not confuse negotiations with surrender, Mohammad Mokhber, an adviser to Iran's supreme leader.
• "ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences, " Trump wrote.

As the US seeks a new nuclear accord, trump warns of severe economic consequences for any country providing a "lifeline" to Iran, amidst an ongoing conflict and failed ceasefires. Trump's new economic threats against Iran's allies. Global market impact and Strait of Hormuz shipping. Conflicting US statements on Iran discussions and Iran's resolve. Add BRecorder as a trusted source on Google.

WASHINGTON/DUBAI: US President Donald Trump cautioned of economic consequences against any country that provided "any type of lifeline to Iran" as the US ‌looks to resolve a war it began alongside Israel almost six months ago.

Thousands of individuals have been killed in the war. It swiftly drew in countries throughout the Gulf, and global markets have been shocked as Iran flexed its ability to control shipping through the Strait of Hormuz, through which concerning a fifth of the world's traded oil passed before February.

Meanwhile, the US and Iran have twice confirmed ceasefire agreements, in April and June, designed to restore the free flow of shipping through Hormuz to pre-war levels ⁠on the way towards ending the conflict, but both swiftly crumbled even as Israel has largely withdrawn from the fighting.

In a message posted on social media on Wednesday evening, Trump promised "Economic Warfare and Isolation on an unprecedented scale, " although details were scant. Since the Islamic Revolution of 1979, iran has weathered continuous punishing economic sanctions for almost 50 years.

Trump's social media threats and announcements do not always obtain fleshed out or successfully acted upon as written, and he did not specify what specific steps the US would take against such a country. It would appear to include US allies that have assisted mediate peace discussions, and he did not list any country by ‌name.

On ⁠Tuesday, the United Arab Emirates. It hosts a major U.S. Military base, confirmed it was suspending all trade activities, commercial exchanges and financial transactions with Iran until further notice. The announcement came after the UAE defense ministry remarked it had detected two missiles rolled out from Iran that fell into the sea, a report Iran dismissed as baseless.

US, Iran agree to extend ceasefire as Pakistan steps up mediation: report.

China buys more than 80% of Iran's shipped oil, according to 2025 data from analytics firm Kpler, but for the US to ⁠engage in further economic warfare with China, a major exporter to the US including of vital rare-earth minerals, risks retaliation.

On Tuesday, Trump remarked no negotiations, were taking place with Iran. A day earlier, Jared Kushner, Trump's son-in-law and special envoy, struck an upbeat tone, saying discussions with Iran were still underway and were "probably more robust" than ever.

Trump ⁠wants to seize Iran's stockpile of highly enriched uranium and is seeking a new, more restrictive agreement curbing Iran's nuclear energy and research programs, to replace the one he unilaterally withdrew the US from in 2018.

Iran, a non-proliferation treaty signatory, has for decades remarked its nuclear programs are peaceful. Hezbollah rejection clouds Lebanon ceasefire and prospects for ending Iran war. Visiting Iraq, Ghalibaf hails 'new order' in the region. Naqvi delivers 'special, significant' message from PM Shehbaz to Iran. Oil rates steady as investors assess US-Iran war outlook. Gold hovers near early-June high on lower bond yields.

Diesel gets massive Rs32.63 cut as petrol cost rises Rs2.97 per litre. Excluding IMF loan: Total debt reaches Rs81.9trn by 11MFY26: Aurangzeb. Govt challenges SC verdict in IK treatment case. KE seeks SIFC backing to resolve ICP problem. Discos asked to install AMI meters at govt offices. Housing finance: SBP revises prudential regulations. Pakistan sustains USD2bn post-harvest losses annually: ADB.

In short, trump warns of economic consequences for any country that supports Iran is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.