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Business

Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers

CNBC · August 19, 2026 at 7:52 PM

Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers

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

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

This story in other outlets

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