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Trump has a new plan to crush Iran’s economy. But will he stay the course?

President Donald Trump promised a "most crushing economic operation ever taken against any country" in a Truth Social post, detailing plans to crack down on countries and entities providing lifelines to Iran. This announcement comes as the administration reportedly shifts to a strategy of economic attrition intended to compel Iran's capitulation.

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Thursday, August 20, 2026 at 12:08 AM EDT
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