AXIOS (Herb Scribner) - 5 ways Iran's economy is wilting under Trump's pressure
President Trump is escalating economic pressure on Tehran more than six months into the Iran war , aiming to squeeze Iranian leaders into submission. Why it matters: Trump's campaign could test how much economic pain Iran is willing to take before its leaders tap out. Driving the news: Trump declared last week that Iran would face an "economic D-Day" amid the ongoing war. The president has been adamant that Iran's economy is "COMPLETELY COLLAPSING!!!" - Treasury Secretary Scott Bessent unveiled a plan Monday to cripple Iran's economy in what he called the "single greatest financial offensive ever ." State of play: Iran previously raised significant revenue from oil exports transported through Hormuz. But that source of income was…
President Trump is escalating economic pressure on Tehran more than six months into the Iran war , aiming to squeeze Iranian leaders into submission. Why it matters: Trump's campaign could test how much economic pain Iran is willing to take before its leaders tap out. Driving the news: Trump declared last week that Iran would face an "economic D-Day" amid the ongoing war. The president has been adamant that Iran's economy is "COMPLETELY COLLAPSING!!!" - Treasury Secretary Scott Bessent unveiled a plan Monday to cripple Iran's economy in what he called the "single greatest financial offensive ever ." State of play: Iran previously raised significant revenue from oil exports transported through Hormuz. But that source of income was…Open