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    Home EURASIA Azerbaijan

    Iran claims U.S. shifts to economic pressure after military approach fails

    The Analyst by The Analyst
    August 22, 2026
    in Azerbaijan
    Iran claims U.S. shifts to economic pressure after military approach fails


    BAKU, Azerbaijan, August 20. Iran says the
    United States has shifted its approach toward economic pressure
    after failing to achieve its goals through military means.

    READ ALSO

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    This was stated by Kazem Garibabadi, Iran’s Deputy Minister of
    Foreign Affairs for Legal and International Affairs, in a post on
    his official X page.

    “The military war did not work; now they have named the next
    defeat ‘economic war’,” Gharibabadi wrote.

    He accused Washington of making “miscalculations” and attempting
    to justify its policies by increasing pressure on Tehran. “They
    claim that Iran is on the verge of defeat and is hanging by a
    thread, but they are begging all their allies to help them,” the
    Iranian deputy foreign minister stated.

    Gharibabadi added that, in his view, the United States’ approach
    was based on incorrect assessments, which forced it to adopt
    increasingly tougher measures.

    Earlier, US President Donald Trump, in his post on Truth Social,
    announced economic warfare and isolation towards Iran.

    “No one has given the Islamic Republic of Iran a greater
    opportunity to make a Deal than me. Tragically, for them, they have
    failed to take it. Therefore, today, I am announcing the most
    crushing economic operation ever taken against any country! This
    will be Economic Warfare and Isolation on an unprecedented scale.
    Their navy is gone, their air force is destroyed, their military
    factories are now rubble, their currency is worthless, and their
    country is hanging by a thread. Today, I am also announcing that
    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. Oil
    smuggling, swap lines, cash transfers, exchange houses, ship
    registries, front companies — it all needs to stop now. You know
    who you are. This will be an economic D-Day, and we need all of our
    Allies to stand with the United States of America to isolate and
    defeat the Iran threat. These maniacs are on the ropes, and these
    historic measures will cripple them and their ability to project
    terror worldwide. Iran will never have a nuclear weapon,” Trump
    wrote.





    Source link

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