WASHINGTON: US President Donald Trump said Wednesday he was launching a major new campaign to target Iran’s economy, threatening “tremendous” punishment on any country that helps or does business with the Islamic republic. The intensified economic pressure campaign comes as the war nears its sixth month with no immediate diplomatic or military off-ramp in sight. Trump is also facing renewed domestic political scrutiny over the war with November elections quickly approaching. “Today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!

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The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.